Views
Address
1621 University Boulevard MOBILE, AL
Price
$ 118,000
Property Attributes
  • MLS#609620
  • TypeCommercial
  • CountyMOBILE
  • CityMOBILE
  • AreaCottage Hill N
  • NeighborhoodMAGNOLIA PARK OFFICE CONDO
  • Zip36609
  • StyleOffice
  • Price$ 118,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2063
Listing Provided Courtesy Of:
ROBERTS REALTY GROUP INC
Property Description

This Old New Orleans style Office property includes B-3 (Key number: 01894953) and B-4 (Key number: 01894962), which is the entire second floor of Building B in the Magnolia Park Office Condo. It was originally built as 2 separate 1032 square foot Office spaces, but was remodeled and it has been used as one 2063 square foot Office. The B-3 side features 3 Offices, 2 separate Half Bathrooms, a Reception area and the Kitchen. The B-4 area consists of 2 oversized Offices, a very large Conference Room with custom cabinetry, and a full Bathroom. The entire space is currently being leased on a month-to-month basis. Each unit recently appraised for $75,000 for a total value of $150,000, so the List Price of $118,000 would make this a solid investment. One of the units on the first floor has rented for $1,800/month. This property is located next to the Home Builders Association Office, and it’s near a Law Office, multiple Business Offices, Retail Stores, Grocery Stores, Banks, and Restaurants. It has pull up parking, great Balcony space, and all brick exterior. The Condo HOA takes care of the exterior of the Building and each owner pays monthly HOA dues. The current tenant requires 48-hour notification for all showings, so plan ahead when wanting to view this incredible investment opportunity.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
2/7/2018 Listed $118,000

General Features

Location City
Numof Buildings 1
Prop Sub Type Office
Property Type Commercial
Subdivision MAGNOLIA PARK OFFICE CONDO
Zoning B1

Interior Features

Cooling Central
Floors WW Carpet, Tile
Heating Central

Exterior Features

Construction Materials Brick
Frontfootage 114
Parking OnSite
Road Frontage City
Sewer At Site
Water At Site
Waterfront Available NO

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 36609

Price
AVG $250K
$120K
Visits
AVG 8
3
Walkscore
AVG 55
44

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