AL
Mobile - AL
Mobile
36693
4080 Government Boulevard
4080 Government Boulevard, Mobile, AL 36693
Listing Type
Commercial/Industrial
Listing Status
active
24
$680,000

Home Details for 4080 Government Boulevard

Price
$680,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1962
Lot size acres
0.5624
County
Mobile - AL
Garage
Basement
None
Days on site
60
MLS Listing#
7505630
Listing Courtesy: Roberts Brothers West - 251-661-4660
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: Six of the seven units are currently leased, generating a current income of $65,100 annually. Vacancy opportunity: A 900 square foot unit, recently available, is offered for lease at $950. per month, providing potential for an owner-occupied suite or an additional tenant. Fully leased, this property offers a projected annual income of $76,500. The seller says he has had only one month 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 Features
  • Utilities
    • Electricity Available
    • Sewer Available
    • Water Available
  • Cooling Information
    • Central Air
    • Separate Meters
  • Heating Information
    • Central
  • Water Features
    • Public
  • Parking
    • Parking Lot
  • Basement
    • None
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Median Listing Price
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Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
EXIT REALTY LYON
759 Downtowner Loop W., Mobile, AL 36609
Office
251 450 1481
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