158 Michigan AveMobile, AL 36604

  • Industrial properties
  • 10,628 SF
For Lease
$6/SF/YR View listing

Property Details for 158 Michigan Ave

Year built
1986
Lot size
0.48 AC
Property size (Sq ft)
10,628 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
29 10 22 3 003 005.XXX
APU
2910223003005XXX

Description

This exceptional 10,675-square-foot industrial property, situated on 0.48 acres, offers flexible space ideal for various business needs. Built in 1960 and extensively renovated in 2024, the single-story building features a 15-foot ceiling height and boasts two drive-in doors. The property is divisible, with a minimum leasable space of 5,000 square-foot and a maximum contiguous space of 10,675 square feet. Currently, the entire 10,675 square feet is vacant and ready for immediate occupancy. The property includes seven street-front parking spaces plus additional lot parking, providing ample space for employees and clients. A fully fenced storage yard offers extra flexibility. The building benefits from a new insulated TPO roof. The zoning is B2, with an existing variance allowing warehouse/wholesale use. Conveniently located just south of Government Street, it offers easy access to I-10, downtown, the port, and Brookley. Annual property taxes are $0.38 per square foot. The 188-foot frontage provides excellent visibility. The property is comprised of two suites: Suite A, approximately 5,675 square feet of flex space, including approximately 3,875 square feet of warehouse and 1,800 square feet of office space; and Suite B, approximately 5,000 square feet of warehouse space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,647,559
    Hospitality
    $1,509,155
    Educational
    $1,255,599
    Medical
    $1,298,781
    Retail
    $1,953,154
158 Michigan Ave, Mobile, Alabama

Location Insight

City
Mobile
County
Mobile
State
Alabama
Latitude
30.6812
Longitude
-88.0679
CBSA code
33660
CBSA name
MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,803
$8,360
$49,840
$58,200
-
$41,800
$249,200
$291,000

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