4080 Government Boulevard, Mobile, AL 36693
Mobile - AL County
Key Facts
Description
Investor opportunity: Prime multi-tenant glass-front, brick office building in a very desirable location. Situated in the Skyline area with easy access to I-65, I-10 and Highway 90, this 6750 square foot office building is zoned B-2 and designed to accommodate a variety of business needs. Key features: Modern glass and brick front construction with a new roof installed in 2017 backed with a 20-year warranty. Unit sizes: Seven units ranging from 675 to 1125 square feet. Occupancy: All seven units are currently leased, generating a current income of $79,500 annually. The seller says he has had only two months of lost income in the past three years. Each unit is thoughtfully designed with a welcoming reception area, multiple private offices, functional kitchenettes, restrooms, ample parking in front of the building and front rear entrances for tenants. This property combines an attractive location, steady income potential and low maintenance construction, making it ideal for investors seeking a reliable, income-generating asset or for an owner-occupant looking to offset costs with rental income. Don't miss this opportunity to own a premium multi-tenant office building in a prime location.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1962
Living Area
6,750 sq ft
Lot Size
0.56 acres
Lot Dimensions
149x169x144x175
Parking Spaces
28
Zoning
B-2
Days on Market
95
MLS® Listing#
7725097
Property Features
Interior
Cooling
Heating
Flooring
Basement
Parking
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,564
Parcel Number
3301024001014
Affordability Calculator
$127,000
Estimated monthly payment
$3,380/mo
Principal $508,000 · Est. interest $708,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mobile, AL
- $282,886
- Median Listing Price
- 67
- Median Days on Market
- 1,863
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 1,112
- Active Listings
- This home’s price is 124% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mobile, AL.
Location
Points of Interest in Mobile, AL
Showing the Mobile area map.
Nearby Schools
County Government Regional School Deaf and Blind
Elementary · 0.3 mi away
Kate Shepard Elementary School
Elementary · 0.3 mi away
Saint Dominic Catholic School
School · 0.6 mi away
St Luke's Episcopal School
Elementary · 0.7 mi away
Cottage Hill Christian Academy
School · 1.1 mi away
Fonde Elementary School
Elementary · 1.2 mi away
County of Mobile
School · 1.2 mi away
Olive J DODGE Elementary School
Elementary · 1.2 mi away
Nazarene Learning Center
School · 1.4 mi away
Government Street Baptist Church
School · 1.5 mi away
Government Street Christian School
School · 1.5 mi away
Morningside Elementary School
Elementary · 1.8 mi away
Denton Middle School
Secondary · 1.8 mi away
WP Davidson High School
Secondary · 1.8 mi away
Peace and Joy Learning Center
School · 2.5 mi away
Knollwood Christian School
School · 2.6 mi away
Arnold School of Alabama
Secondary · 2.6 mi away
Eichold-Mertz Magnet School of Math, Science and Technology
Elementary · 2.7 mi away
Burns Middle School
Secondary · 2.7 mi away
Christ United Kids Ministry
School · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3889 Newman Road, Mobile, AL | $445,400 | 4 | 3 | 2,997 |
| 3459 Rue Royal Circle, Mobile, AL | $447,000 | 3 | 3 | 2,411 |
| 3459 Rue Royal, Mobile, AL | $447,000 | 3 | 3 | 2,411 |
| 7160 Bradshaw Court, Mobile, AL | $449,000 | 4 | 3 | 3,261 |
| 4012 Sierra Drive, Mobile, AL | $449,000 | 5 | 4 | 4,553 |
| 4059 Airport Boulevard, Mobile, AL | $449,000 | 5 | 5 | 4,016 |
Moving Cost Estimate
EXIT Agents in Mobile
Listing Courtesy: Roberts Brothers West - 2516614660