4080 Government, Mobile, AL 36693

$635,000
6,750
SqFt

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List Price
$635,000
MLS#
7725097
Year Built
1962
Living Area
6,750
Acres
0.56
County
Mobile - Al

Property 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.

Additional Information

Acres
0.56
Water
Public
Cooling
Central Air, Separate Meters
Sewer
Public Sewer
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Roberts Brothers West.