For Sale
$680,000

4080 Government BlvdMobile, AL 36693

6,750 SF Commercial Building For Sale

Source: https://www.saltercompany.com

Overview

Added:
Feb 4
Days on market:
60
Investor opportunity: Prime multi-tenant glass-front, brick office building in a very desirable location. Situated in the Skyline area with easy access to I-65, I-10 and Highway 90, this 6750 square foot office building is zoned B-2 and designed to accommodate a variety of business needs. Key features: Modern glass and brick front construction with a new roof installed in 2017 backed with a 20-year warranty. Unit sizes: Seven units ranging from 675 to 1125 square feet. Occupancy: Six of the seven units are currently leased, generating a current income of $65,100 annually. Vacancy opportunity: A 900 square foot unit, recently available, is offered for lease at $950. per month, providing potential for an owner-occupied suite or an additional tenant. Fully leased, this property offers a projected annual income of $76,500. The seller says he has had only one month of lost income in the past three years. Each unit is thoughtfully designed with a welcoming reception area, multiple private offices, functional kitchenettes, restrooms, ample parking in front of the building and front rear entrances for tenants. This property combines an attractive location, steady income potential and low maintenance construction, making it ideal for investors seeking a reliable, income-generating asset or for an owner-occupant looking to offset costs with rental income. Don’t miss this opportunity to own a premium multi-tenant office building in a prime location.

Property Details for 4080 Government Blvd

Property type
Residential offices, Office properties
Square Feet
6,750 SF
Price / Square Foot
$100.74
Class
B
Year Built
1962
Buildings
1
Stories
1
Total Parking Spaces
32
Elevators
N/A
Lot Size (sq. ft)
24,578 SF
Units
7

Location Insight

City
Mobile
County
Mobile
State
Alabama

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4080 Government Blvd
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