The Waterman-Smith Building

Office for Lease
Short-Term Lease
Catylist Listing ID: 30185754
Property Subtypes: Executive Suites, Office Building, Other
Contiguous Space: 450 - 4,300 SF
Total Available: 19,965 SF
Gross Building Area: See Agent
Lease Rate: $18 - 22 PSF (Annual)
Base Monthly Rent: $675 - 7,883
Lease Types: Full Service, Gross Lease
In Opportunity Zone? Yes
Last Updated: 10/4/2024

Overview / Comments

The Waterman-Smith Building is an historic landmark in the heart of downtown Mobile, built by Waterman Steamship Company beginning in 1947. The property features 16 floors offering spectacular views of Bienville Square, downtown and Mobile River.

The ground floor is currently anchored by Wells Fargo boasting grand murals and architecture of Art Deco influence. Entrances to the building can be found on both St. Joseph and St. Michael Streets with recently updated elevators in a marble-covered lobby. The new owner has begun renovations of new interior and exterior lighting and modernized updates and amenities.

One of the only skyscrapers in downtown Mobile to offer FREE PARKING for its tenants (1 per 1,000SF, additional parking available). The new owner is currently offering below market rates to get occupancy up. Great opportunity for office users wanting all the amenities downtown has to offer!

Expand All 13 Spaces Available

Suite: 100 4,300 SF $22 PSF (Annual) Full Service
Suite: 500 2,000 SF $18 PSF (Annual) Full Service
Suite: 502 1,600 SF $18 PSF (Annual) Full Service
Suite: 906 800 SF $18 - 19 PSF (Annual) Full Service
Suite: 1000 3,300 SF $18 PSF (Annual) Full Service
Suite: 1101 1,267 SF $18 PSF (Annual) Full Service
Suite: 1220 700 SF $18 PSF (Annual) Gross Lease
Suite: 1230 500 SF $18 PSF (Annual) Full Service
Suite: 1250 450 SF $18 PSF (Annual) Gross Lease
Suite: 1304 1,400 SF $18 - 20 PSF (Annual) Full Service
Suite: 1402 1,445 SF $18 PSF (Annual) Full Service
Suite: 1500 786 SF $18 PSF (Annual) Gross Lease
Suite: 1501 1,417 SF $18 PSF (Annual) Gross Lease

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002172.000
Property Visibility: Excellent
Area Description: Walking distance to restaurants, shopping, banks, Government Plaza, new Federal Courthouse site, LoDa Entertainment District, St. Louis St. Technology Corridor and all the amenities downtown has to offer. The Waterman-Smith Building is an historic landmark in downtown Mobile known for its unique Art Deco architecture circa 1947 by the Waterman Steamship Company. The new owner is currently renovating with modern amenities for today's office user while maintaining the building's original charm.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,248 48,449 99,401
Median Age: 38.04 36.17 36.17
Households: 1,658 18,705 38,649
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.