For Sale
$1,495,000

150 Ann StMobile, AL 36604

11,000 SF Vacant Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
114
This 11,000-square-foot, single-story building, constructed in 1999, is situated on a 1.38-acre lot in Mobile, Alabama's Midtown area. The property boasts a prime location at a double-signalized intersection on Government Street (US Highway 90), a high-traffic thoroughfare with over 20,000 cars daily (2022 data). Its strategic position offers exceptional visibility and accessibility, with frontage on three major Mobile streets—Government Street, Ann Street, and Michigan Avenue—resulting in combined exposure to nearly 30,000 vehicles daily. The building, formerly a Rite Aid, is currently vacant and offers significant flexibility. With B2 Neighborhood Business zoning, it's adaptable for various uses, including office or retail spaces. The property features two curb cuts on Ann Street and two on Michigan Avenue, enhancing convenience and accessibility. The extensive frontage includes over 1308 linear feet on Government Street, 286 feet on Ann Street, and 156 feet on Michigan Avenue. The asking price is $1,495,000, translating to $135.91 per square foot. The property's APN is R022910223003001.000. This exceptional location and versatile building present a rare investment opportunity in a thriving Mobile neighborhood.

Highlights

  • $1,495,000 asking price for a vacant, 11,000 square foot building.
  • Former Rite Aid location in Midtown Mobile, Alabama.
  • High-traffic corner location with double signalized intersection on Government Street (US Highway 90), offering significant visibility.
  • 11,000 square feet, built in 1999, situated on a 1.38-acre lot.
  • B2 zoning allows for diverse uses, including office or retail conversion.

Property Details for 150 Ann St

Property type
Specialty properties, Retail properties
Square Feet
11,000 SF
Year Built
1999
Buildings
1
Stories
1

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.681531611428
Longitude
-88.067101494804
150 Ann St, Mobile, Alabama

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150 Ann St
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