All Season Storage

For Sale

361 St Louis St, Mobile, AL 36602, Mobile, AL 33602

This Mobile property for sale is located at 361 St Louis St, Mobile, AL 36602. The current listed sale price for All Season Storage is $4,750,000.

Contacts

Cameron Vale

Oakside Companies

Property Details

  • Property Type Other
  • Units 368
  • Date Updated May 23, 2026

All Season Storage is a newly converted, fully climate-controlled self-storage facility located in the heart of downtown Mobile, Alabama. The property benefits from a dense, high-barrier urban submarket with limited new supply, strong population density, and proximity to major residential, mixed-use, and commercial development.

The facility is currently operating at 47% physical occupancy and approximately 24% economic occupancy, presenting a clear value-add opportunity through lease-up and rent optimization. In-place rental rates remain materially below market, particularly for elevator-served units, allowing a new owner to grow NOI through disciplined revenue management rather than capital-intensive improvements.

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Highlights

  • In-place rents are below market, giving a new owner a realistic path to increase NOI through steady, well-timed rent increases.
  • Limited new construction and strict local regulations keep supply tight, ensuring stable long-term pricing and minimal competition.
  • Low supply per capita (7.47) and dense 5-mile population (73,228) drive strong demand.
  • Newly converted all climate-controlled facility located in downtown Mobile benefiting from dense residential, mixed-use, and commercial surroundings.
  • The facility is in good condition, allowing a buyer to focus on operations and revenue growth rather than capital projects.

Getting around

  • 81/100

    Walk Score ®

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Location

  • City Mobile, AL
  • Neighborhood Lower Dauphin
  • Zip Code 33602
  • Market Mobile

Points of Interest

  • Mobile (opens February 2025)

    0.56 miles

  • Exxon

    0.52 miles

  • Chevron

    1.06 miles

  • Citgo

    1.15 miles

  • Shell

    1.31 miles

  • Texaco

    1.52 miles

  • CGX Gas

    3.07 miles

  • Walmart Gas

    3.75 miles

  • Mobile, AL Supercharger

    4.49 miles

  • Municipal Parking Garage

    0.44 miles

  • Parking Lot 2

    1.91 miles

  • Parking Garage

    1.95 miles

  • CGX Parking

    3.09 miles

  • Arlington Park

    3.17 miles

  • Long-Term Parking

    4.31 miles

  • Short-Term Parking

    4.32 miles

  • MOB II Parking

    4.96 miles

  • Main Parking

    5.01 miles

  • Disc Golf Parking

    6.99 miles

  • Hilton Garden Inn

    0.21 miles

  • Holiday Inn

    0.32 miles

  • Candlewood Suites Mobile-Downtown

    0.32 miles

  • The Admiral Hotel Mobile

    0.35 miles

  • Malaga Inn

    0.39 miles

  • The Battle House Renaissance Mobile Hotel & Spa

    0.39 miles

  • Hampton Inn & Suites Mobile/Downtown

    0.39 miles

  • Quality Inn

    0.42 miles

  • Renaissance Mobile Riverview Plaza Hotel

    0.45 miles

  • Fort Conde Inn

    0.54 miles

  • Greer's St. Louis Market

    0.10 miles

  • Greer's Downtown Market

    0.58 miles

  • Greer's

    1.41 miles

  • Winn-Dixie

    1.88 miles

  • Piggly Wiggly

    2.80 miles

  • Publix

    3.08 miles

  • Coast Guard Exchange

    3.09 miles

  • Walmart Neighborhood Market

    3.75 miles

  • Greer's Market

    4.03 miles

  • Belk

    4.55 miles

Contact Listing Broker
Cameron Vale

Oakside Companies

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