Perfect Location, Historic Building, and Expansion Opportunity!!!! It's the State Street Elks! Don't miss the huge investment property that boasts of nearly 10,000 sq. ft. and is already zoned for commercial use. This historic gem was built in 1919 and carries an official historic shield granted by the City of Mobile. Currently it is a popular adult night club. The owners are ready to sell!!!! This sale/transaction includes three (3) adjacent lots. The additional lots are 605 State Street, 608 State Street and 600 Warren Street (which will transfer with a tax deed). With large enough down payment, the Seller will consider owner financing. This two-story Victorian legacy has a full commercial-style kitchen on the first floor, with back-of-house access to the second floor. There are several bars and VIP style seating on both levels. It offers well-kept patron restroom facilities on both floors with private offices/rooms and plenty of storage space on both the main level and the second level. The State Street Elk's premier location is directly in the path of the revitalization of the downtown Mobile area, as well as Broad Street. It is minutes from midtown, downtown, hospitals and provides easy interstate access in any direction. The building may require some repairs, however, there is real value in its location, history, and legacy in the downtown area. The potential use for this property is limitless. Plus, its adjacent three (3) lots offer so much opportunity for expansion. If you have a vision of establishing a major footprint in downtown Mobile's entertainment, business, social, housing development sector, contact your realtor TODAY! This Property is sold 'AS-IS', no warranties expressed or implied. Buyer and agent to verify all measurements or any other information deemed to be important to the buyer. Seller is extremely motivated. Bring your highest and best offer. Contact a licensed realtor for showing.
Property Type(s):
Commercial
|
Last Updated
|
11/10/2023
|
Year Built
|
1986
|
|
County
|
Mobile - AL
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| BASEMENT |
None |
| BUYER'S BROKERAGE COMPENSATION |
2 |
| CONSTRUCTION |
Stucco |
| HEAT |
Central |
| INTERIOR |
Beamed Ceilings |
| LOT |
8594 sq ft |
| LOT DESCRIPTION |
Corner Lot |
| PARKING |
On Street, Parking Lot |
| STORIES |
2 |
| TAXES |
4587 |
| UTILITIES |
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City |
| WATER |
Public |
| ZONING |
0 |
Location
Listing provided by Cassandra Mccants with IXL Real Estate LLC
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.
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