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601 State Street

Mobile, AL 36603
  • $675,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 7301569
UPDATED: 71 min ago
$675,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,793
    SQFT
  • $69
    $/SQFT
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

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.

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© 2024 Gulf Coast Multiple Listing Service, Inc. All rights reserved. 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/RETS real estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-03-04T18:47:05.047.

Brooke Butler Homes | Mobile Bay Realty
www.brookebutlerhomes.com/homes/145175825
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601 State Street Mobile, AL 36603

  • Price: $675,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 71 min ago
  • MLS #: 7301569
0
Beds
0
Baths
0
½ Baths
0.2
Acres
9,793
SQFT
$69
$/SQFT
1986
Built
County:
Mobile - Al
Property Description
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.
Exterior Features

Construction Materials Brick 3 SidesStucco Dock None Fencing None Foundation Details Slab Levels Two Lot Features Corner Lot Other Structures None Parking Features On StreetParking Lot Parking Total 70 Road Frontage Type City Street Road Surface Type Asphalt View City View YN Yes Waterfront Features None Waterfront YN No

Interior Features

Basement None Cooling Central Air Cooling YN Yes Flooring CarpetHardwood Heating Central Heating YN Yes Interior Features Beamed Ceilings Window Features None

Property Features

Accessibility Features Accessible Approach with Ramp Assumable YN No Green Energy Efficient None Mls Property Type Commercial Sale Occupant Type Tenant Owner Financing YN Yes Owner Pays Cable TVElectricityExterior MaintenanceInsuranceManagement Property Sub Type Business Special Circumstances None Special Listing Conditions Standard Tax Annual Amount 4587 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Zoning 0

Listing provided by Cassandra Mccants of IXL Real Estate LLC: 251-265-1230.


© 2024 Gulf Coast Multiple Listing Service, Inc. All rights reserved. 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/RETS real estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-03-04T18:47:05.047.

Brooke Butler Homes | Mobile Bay Realty
 
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Fairhope AL, 36532