205 Church StMobile, AL 36602

Property Details for 205 Church St

Year built

1844

Lot size

0.12 AC

Property size (Sq ft)

5,296 SF

Property type

Office buildings

APN

29 06 40 0 011 164.XXX

APU

2906400011164XXX

Description

This stunning, historic office building, located at 205 Church St in Mobile, Alabama, presents a unique investment opportunity. Built in 1844 with a significant addition in 1991, this three-story, 5,073 square foot building sits on a 5,216 square foot lot and is zoned T5.2. The property boasts a prime downtown location, offering convenient access to Government Plaza and numerous other downtown amenities, including banks, restaurants, and hotels, all within walking distance. The building's character is evident in its original wood floors, high ceilings, and abundant natural light. Ideal for parade viewing during Mardi Gras. The first floor features a spacious reception area, conference room, two offices, three work areas, restrooms, and a coffee bar with an ice maker. The second floor includes four offices, a conference room, break room, restrooms, file storage, and two work areas. The third floor provides additional storage space. This vacant Class B executive office building offers significant potential for a variety of uses and is currently listed at $765,000. Don't miss this chance to own a piece of Mobile's rich history.

• CAP approach

  CAP return

  Valuation

  6%

  $717,262

  6.5%

  $662,088

  7%

  $614,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $358,444

  Geo Method

  $376,493

• Alternative Use

  Use

  Valuation

  Residential

  $820,989

  Hospitality

  $752,021

  Educational

  $625,673

  Medical

  $647,191

  Retail

  $973,269

Location Insight

City

Mobile

County

Mobile

State

Alabama

Latitude

30.6882

Longitude

-88.0424

CBSA code

33660

CBSA name

MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].