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For Sale

All Season Storage

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

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.

Key features

  • 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Cameron Vale

Oakside Companies

Building Details

  • For Sale $4,750,000
  • Property Type Other
  • Units 368
  • Date Updated May 25, 2026

Getting Around

  • Walk Score ®

    Very Walkable (81)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

Tidal Wave Auto Spa

4.56 miles

Dollar Car Rental

5.01 miles

Rich's Car Wash

7.42 miles

Blue Moose

8.50 miles

Spot of Tea

0.16 miles

NoJa

0.17 miles

Mediterranean Sandwich Co.

0.18 miles

T. P. Crockmiers

0.20 miles

Soul Kitchen

0.20 miles

Cotton State BBQ

0.20 miles

Heroes Sports Bar & Grille

0.20 miles

Mama's on Dauphin

0.21 miles

LoDa Bier Garten

0.22 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

Mobile City Fire Department

0.36 miles

Mobile County Health Department

0.46 miles

Major General William C. Gorgas Clinic

0.46 miles

City of Mobile Police Department

0.51 miles

Alabama State University / Main Police Office

0.70 miles

Office of Campus Police

0.72 miles

Fresenius Kidney Care

1.27 miles

Mobile Fire District 1 Chief

1.56 miles

Mobile Fire/Rescue Training Academy

1.84 miles

361 St Louis St, Mobile, AL 36602 Listing Summary

  • What is the asking price at All Season Storage?

    All Season Storage is currently listed for sale at Contact for pricing.

  • What is the total size of All Season Storage?

    All Season Storage has a total of 41,740 square feet.

Contact Listing Broker
broker
Cameron Vale

Oakside Companies

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