Property Listing No Longer Available for Sale

3761 Government St., Mobile, AL

Office for Sale - $1,650,000 - 20,000 Sq. Ft. on 1.73 acres


Property Info

CIMLS#63745
Location
  3761 Government St.
  Mobile AL 36693
UpdatedApril 22nd, 2008
TypeOffice
Price$1,650,000
Building20,000 Sq. Ft.
Land1.73 acres

Property Description

Great location, close to I-65 and I-10, great for owner/occupant with additional lease space. 1.8+- acres 257x293. 19,200 sf Upper floor / 9,600 sf storage. Zoned B-3. Additional parking in rear. Retail space, Office space, storage space. $14,087 monthly rent based on pro forma if fully leased with a 8.9% cap rate. Contact Cameron Weavil or Richard Weavil.


Financials

PRI: $169,044

Expenses: $20,117

Cap: 8.9%