361 St Louis Street
Spaces
Flex Industrial / Office For Lease
Building description
The subject property offers ±57,000 square feet of flex industrial / office space available for lease on 0.86 acres in the heart of Downtown Mobile, with direct frontage on St. Louis Street and located one block north of Greer's St. Louis Market, the neighborhood grocery anchor serving downtown and midtown residents. The building's large-format floor plan and flexible footprint accommodate a wide range of tenant uses — office, flex, light industrial, service, or maker/light-assembly. The property is zoned T-5.1 within the City of Mobile's Downtown Development District, a mixed-use district of medium intensity that permits a broad mix of office, retail, commercial, residential, and civic uses by right, giving tenants wide flexibility in how the space is occupied without the need for a use variance.
The property sits at the center of a historic wave of investment in Downtown Mobile. Its own corridor is being fully rebuilt under the roughly $17 million St. Louis Street Complete Streets project, repaving all 17 blocks with new sidewalks, drainage, lighting, landscaping, and rebuilt utilities — enhancing access and curb appeal for tenants and their customers. Surrounding catalysts include over $490 million in Port of Mobile expansion (now the deepest container port in the U.S. Gulf), the $300 million Regions Arena downtown (opening Mardi Gras 2027), the River Walk Plaza waterfront mixed-use development, and the new Mobile International Airport terminal at Brookley. For a tenant or user, 361 St. Louis Street offers a rare combination of scale, flexibility, and location — a large, adaptable space directly on a fully reinvested downtown corridor, positioned to benefit as the urban core continues to add residents and demand for office, flex, and industrial space.
Building highlights
Location: +- 57,000 sq ft former storage facility on 0.86 acres in the heart of Downtown Mobile, with direct frontage on St. Louis Street, one block north of Greer's St. Louis Market
Flex Industrial / Office Repositioning Play: Large floor plan adaptable to office, flex, light industrial or service uses for a single tenant or user
Zoned T-5.1 (Downtown Development District): Permits a broad mix of office, retail, commercial, residential, and civic uses by right without a use variance
Historic Downtown Investment:, A full 17-block rebuild with new sidewalks, drainage, lighting, and utilities, Over $490 Million in Port of Mobile expansion (deepest container port in the U.S. Gulf), $300 Million Regions Arena Currently Under Construction, New Mobile Internation Airport at Brookley – New River Walk Plaza near by
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