Commercial Real Estate in Axis available for sale
Axis 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 50 kilometers of Axis, AL, USA

More details for Merchants Plaza – for Sale, Mobile, AL
  • Matterport 3D Tour

Merchants Plaza

  • 1031 Exchange Property
  • Mixed Types for Sale
  • $16,593,241 CAD
  • 3 Properties | Mixed Types

Mobile Portfolio of properties for Sale - CBD

Rising prominently at the intersection of St. Joseph and St. Francis Streets, Merchants Plaza offers investors the rare opportunity to acquire one of Downtown Mobile’s most iconic mixed-use assets. Originally developed in 1929 as the region’s first true skyscraper, the property underwent a comprehensive, multimillion-dollar revitalization that preserved its historic character while delivering modern finishes and functionality for today’s residents and commercial users. This blend of authenticity and contemporary design has positioned the building as a premier destination within Mobile’s continually strengthening urban core. The residential component features well-appointed luxury units with polished concrete flooring, exposed brick, high ceilings, and curated interior details, consistently attracting strong renter demand. With occupancy holding at a high level and average in-place rents among the top tier of the market, the multifamily segment offers meaningful stability and long-term income-growth potential. Complementing the residential performance is a collection of established commercial tenants, including regional law firms, a financial institution, and a national telecommunications provider. These occupiers contribute nearly $1 million in annual rent revenue, supported by long-term commitments that reinforce the building’s durable income profile and enhance underwriting certainty for prospective buyers. Merchants Plaza benefits from its walkable location within the heart of Downtown Mobile. Near cultural institutions, hospitality destinations, government buildings, restaurants, entertainment venues, and waterfront attractions, Merchants Plaza continues to attract new residents and employers to the area. Proven operational performance, historic architectural appeal, and placement within a revitalized urban district create a compelling opportunity for investors seeking a high-quality mixed-use asset with stability and future upside.

Contact:

Inge & Associates, Inc.

Property Subtype:

Mixed Types

Date on Market:

2026-01-27

Hide
See More
More details for 9151 Moffett Rd, Semmes, AL - Retail for Sale

CVS Pharmacy - 9151 Moffett Rd

Semmes, AL 36575

  • 1031 Exchange Property
  • Retail for Sale
  • $2,000,950 CAD
  • 10,260 SF
See More
More details for 1300 Illinois St, Mobile, AL - Multifamily for Sale

Six Unit, Income Producing Multifamily! - 1300 Illinois St

Mobile, AL 36604

  • 1031 Exchange Property
  • Multifamily for Sale
  • $836,634 CAD
  • 3,613 SF
See More
More details for 31215-1 Cometti Lane, Spanish Fort, AL - Land for Sale

31215-1 Cometti Lane

Spanish Fort, AL 36527

  • 1031 Exchange Property
  • Land for Sale
  • $1,185,231 CAD
  • 4.20 AC Lot
See More
More details for 31060-1 31060-1 Cometti Lane, Spanish Fort, AL - Land for Sale

7.6 Acres Cometti Ln off Hwy 31 S - 31060-1 31060-1 Cometti Lane

Spanish Fort, AL 36527

  • 1031 Exchange Property
  • Land for Sale
  • $2,119,473 CAD
  • 7.60 AC Lot
See More
More details for 31215 Cometti Ln, Spanish Fort, AL - Land for Sale

Hwy 31 Property - 31215 Cometti Ln

Spanish Fort, AL 36527

  • 1031 Exchange Property
  • Land for Sale
  • $1,742,987 CAD
  • 1.58 AC Lot
See More

1031 Exchange Properties For Sale

1031 Exchange Properties

Looking to lease a 1031 Exchange Property? View 1031 Exchange Properties for lease