BACK ON MARKET! Former National Bank- 9,400 SF Multi-Famil/Office

Multi-Family for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30657075
Property Subtypes: Duplex/Fourplex, Mid-Rise, Mixed Use, Other
Number of Units: 2 Units
Building Size (RSF): 9,400 SF
Sale Price: $1,500,000
Unit Price: $750,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2024

Overview / Comments

The historic First National Bank Building in Downtown Mobile is now available for lease. Built in 1909, the first floor was most recently built out as office space for a bank with original marble wainscoting and exposed bricks. The second floor is unfinished space with unique architectural exposed bricks and arches. Private parking is included with your lease (15 spaces available). The space provides a functioning elevator and an on-site generator. Superior location across from The Battle House Hotel. Offered as a Full Service lease.

*Additional Property lot available behind this building also available for purchase

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002184.000
Property Located Between: Water Street and Royal Street
Highway Access: • Historic First National Bank Building in Downtown Mobile • Built in 1909 • Perfect for multi-family development • First floor is built out office space with original marble wainscoting and exposed bricks • Second floor unfinished space with unique architectural exposed bricks and arches • Private onsite parking included (15 spaces available) • Functioning elevator • Superior location across from The Battle House Hotel • Generator on site
Airports: Mobile Regional Airport, Mobile Aeroplex at Brookley, Pensacola International Airport, Louis Armstrong New Orleans International Airport
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 First National Bank Building is an historic landmark in downtown Mobile across the street from The Battle House Renaissance Mobile Hotel & Spa. Easy access to I-10 providing convenience for those traveling from West Mobile and Baldwin County.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1909
Total Parking Spaces: 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,986 44,951 99,401
Median Age: 37.99 36.22 36.17
Households: 1,553 17,273 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.