Mobile, AL 36603,601 State ST
Mobile, AL 36603,601 State ST
Mobile, AL 36603,601 State ST
18
Listed by Cassandra Mccants • IXL Real Estate LLC
Bought with Cassandra Mccants • IXL Real Estate LLC
$425,000
$500,000
15.0%
Est.Price: ?

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9,793 SqFt

601 State ST Mobile, AL 36603

Est. payment /mo
SOLD DATE : 09/05/2024

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Key Details

Sold Price $425,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 9,793 sqft

Price per Sqft $43

MLS Listing ID 7301569

Sold Date 09/05/24

Year Built 1986

Annual Tax Amount $4,587

Tax Year 4587

Lot Size 8,594 Sqft

Property Sub-Type Business

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 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.

Location

State AL

County Mobile - Al

Direction Take I-65 N via the ramp to Montgomery; Take exit 5A for Springhill Ave; Use the right 2 lanes to turn right onto SpringHill Ave; Use the 2nd from the left lane to turn slightly left onto St Louis St; Turn left onto N Warren St; Turn left at the 2nd cross street onto State St; Destination will be on the left

Rooms

Basement None

Interior

Interior Features Beamed Ceilings

Heating Central

Cooling Central Air

Flooring Carpet, Hardwood

Exterior

Fence None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N true

View City

Roof Type Asbestos Shingle

Total Parking Spaces 70

Building

Lot Description Corner Lot

Foundation Slab

Water Public

Level or Stories Two

Others

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

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agent

Billy & Julissa McLain

Team Leader | License ID: 127888

+1(251) 442-1635

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