Price $500,000
Status Active
Size 9,793 sqft
Lot Size 8,595 sqft
Days on Market 256
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 one(1) adjacent lot. The additional lot is 605 State Street. 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. 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 5/29/2024 Year Built 1986
County Mobile - AL

Additional Details

AIR Central Air
HEAT Central
INTERIOR Beamed Ceilings
LOT 8594 sq ft
PARKING On Street, Parking Lot
TAXES 4587
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
WATER Public



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Listing provided by Cassandra Mccants with IXL Real Estate LLC

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