DOWNTOWN OFFICE SPACE 1509 GOVERNMENT BLVD

Office for Sale
Catylist Listing ID: 30336990
Property Subtypes: Office Building
Building Size (RSF): 30,000 SF
Gross Land Area: 1.12 Acres
Sale Price: $1,520,000
Unit Price: $50.67 PSF
Property Use Type: Business
Building Name: 1509 GOVERNMENT BLVD
Class of Space: Class B
Sale Terms: Cash to Seller, Other
Average Occupancy Rate: 71
Last Updated: 10/9/2018

Overview / Comments

5 Story Multi-Tenant Office Building For Sale on Government Street in Midtown Mobile Priced. The building has great visibility off of Government with ample parking behind the building. The building is a total of 30,000 SF with 6,000 SF floor plates. The property is currently 71% occupied with approximately 7,100 SF currently vacant giving a new owner the ability to increase the income on the property. .Existing tenants include Harbor Communications and Colonial Life.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: mobile
Tax ID/APN: 2910214003005.000
Zoning: B2
Property Located Between: Broad st. and the Loop across from Winn Dixie.
Property Visibility: Excellent
Highway Access: Government St.
Airports: mobile
Site Description: 1.12 Ac.
Area Description: West of Broad St. and East of the Loop. Across the street from the building is a retail development with Winn-Dixie Grocery Store, Starbucks Coffee, Office Depot, and Papa Johns.
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 6,000 SF
Year Built: 1968
Roof Type: Other
Construction/Siding: Brick
Parking Ratio: 2.1 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 64
Passenger Elevators: 2
Sprinklers: Other
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Other
Interior Description: Nicely built out office space on glass with 50% offices and 50% built in cubicles with break room
Zoning Description: B2
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,657 73,343 129,267
Median Age: 35.85 36.22 36.2
Households: 6,490 28,889 51,177
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.