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21,142 SF Retail/Office Strip Center For Sale857 Downtowner Blvd | Mobile, ALWise Living Real Estate is pleased to present 857 Downtowner Blvd, a multi-tenant retail and office investment opportunity located along one of Mobile's established commercial corridors.Situated on 1.29 acres and zoned B-2, the property consists of 21,142 total square feet with approximately 19,110 rentable square feet divided among nine suites. The center is currently 82.09% occupied, with three vacant suites offering immediate lease-up potential while generating existing cash flow.Recent capital improvements include a new roof and resurfaced parking lot, both completed in 2025, reducing near-term capital expenditure requirements.Suite A is occupied by a medical tenant and is the only tenant currently operating under a long-term lease. The remaining occupied suites are leased on a month-to-month basis, while three suites are currently vacant, providing a new owner with significant upside through lease-up, lease renewals, rental rate increases, and strategic tenant improvements.Available Suites Suite B – 1,500 SF office space* Suite D – 848 SF with an open layout and one private office Suite K – 1,075 SF with large conference and meeting rooms suitable for training, meetings, or collaborative workspaceInvestment Highlights 1.29 Acres* B-2 Zoning 21,142 Total Building SF 19,110 Rentable SF Nine Suites 82.09% Occupied 17.91% Vacant Three Vacant Suites Prime Downtowner Blvd Location New Roof (2025) Resurfaced Parking Lot (2025)Financial SummaryOffering Price: $899,000Cap Rate: 6.98%Annual Gross Rental Income: $99,429.96Net Operating Income (NOI): $62,744.96Annual Operating Expenses: $36,685.00 Property Taxes: $10,885 Insurance: $18,000 Waste Management: $4,200 Common Area Lighting: $1,200 Lawn Care: $2,400. Total Operating Expenses: $36,685. Buyer to verify all information to satisfaction during contingency period(s). Buyer to verify all information during due diligence.

Highlights

  • Commercial Sale
  • Retail
  • Built in 1978
  • 1.29 Acre Lot
  • 128 days on Market

  • Year Built
    1978
  • Stories
    1.0
  • Construction Materials
    Wood Siding
  • Foundation
    Slab
  • Parking Features
    Common
  • Flooring
    Concrete
  • Heating
    Electric, Central

  • Acres
    1.29
  • Lot Features
    Level


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Frequently Asked Questions

How do I schedule a tour of 857 Downtowner Blvd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 857 Downtowner Blvd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 857 Downtowner Blvd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $899,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Mobile, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 857 Downtowner Blvd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 857 Downtowner Blvd at around $6,023. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 857 Downtowner Blvd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Mobile County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 857 Downtowner Blvd?

In most cases, yes. Whether 857 Downtowner Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mobile's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 857 Downtowner Blvd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Mobile and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $899,000 with 21,142 sqft of space—that comes out to approximately $43 per square foot.

How long has this property been on the market?

857 Downtowner Blvd was listed on July 08, 2026, which means it's been on the market for 128 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1978, making it approximately 48 years old.

What is the lot size of this property?

857 Downtowner Blvd sits on a 1.29-acre lot, which is 56,192 square feet.

What are the property taxes for 857 Downtowner Blvd?

The most recent public record shows annual property taxes for 857 Downtowner Blvd were approximately $10,885. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 857 Downtowner Blvd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.