407 Dauphin Street, which caught fire last week, was set to be purchased by Historic Mobile, a revolving fund that's a subsidiary of Main Street Mobile.
407 Dauphin Street on Friday, September 15, 2023, after a 3-alarm fire the prior evening. The owner of the building has to submit plans to stabilize the facade by Wednesday. A building that caught fire Thursday in downtown Mobile was under contract to be purchased by Historic Mobile, a revolving fund that’s a subsidiary of Main Street Mobile and the Downtown Mobile Alliance, according to Elizabeth Stevens, President of the DMA.
No decisions have been made as to whether Historic Mobile will go through with the sale, Stevens said. Right now, the nonprofit’s main priority is preserving the historic façade of the building.
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