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4080 Government Boulevard, Mobile, AL 36693
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$680,000
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Home Details for 4080 Government Boulevard
Price
$680,000
Type
Commercial/Industrial
Year Build
1962
Lot Size
0.5624
County
Mobile - AL
Basement
None
Tax
$5,564
MLS®️ Listing#
7505630
On exitrealty.com
254 days
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 $77,500 annually. 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.
- Utilities
- Electricity Available
- Sewer Available
- Water Available
- Cooling Information
- Central Air
- Separate Meters
- Heating Information
- Central
- Water Features
- Public
- House Interior
- High Ceilings
- Parking
- Parking Lot
- Basement
- None
Listing Courtesy: Roberts Brothers West - 251-661-4660
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Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
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$680,000
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