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Cynthia Walker

cynthia.walker@evatlanta.com +1(404) 840-3186

$ 1,848,000

Est. payment -/mo

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906 E 72nd ST Savannah, GA 31405

6,900 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Industrial,Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,900 sqft

Price per Sqft $267

MLS Listing ID 10211976

HOA Y/N No

Year Built 1970

Annual Tax Amount $8,933

Tax Year 2023

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 16552.8

Property Sub-Type Commercial,Industrial,Office

Source Georgia MLS 2

Property Description

The building is a one-story retail/office building constructed in 1970 and renovated in 2022. It has 22 spaces which equates to 3.19 spaces/1,000 sq. ft. There are 6 units in the building and all are leased. The foundation is slab, framing is masonry, and the exterior walls are block and stucco. Each unit has a retail storefront-sized glass window. The roof is flat and comprised of a rubber membrane. Floors are LVP; tile, and sealed concrete. Walls are gypsum and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities a The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity a This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.8% cap rate.

Location

State GA

County Chatham

Zoning Commercial Business

Interior

Heating Central, Electric

Cooling Central Air, Electric

Equipment Fixtures

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Garage Spaces 22.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available

View Y/N No

Total Parking Spaces 22

Garage No

Private Pool No

Building

Lot Description Corner Lot

Faces The site is located just 335 feet to the north of DeRenne Ave. and just 350 feet from Waters Ave. to the west. This is one of the busiest areas in Savannah as DeRenne is the only gateway to the Southside from the west via Highways 521/21 and Interstate 16. Location is centered between two hospitals.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 20114 28009

Acceptable Financing Cash, Conventional, Small Business Loan

Listing Terms Cash, Conventional, Small Business Loan

Special Listing Condition Updated/Remodeled

Cynthia Walker

Real Estate Advisor

+1(404) 840-3186

Cynthia Walker

906 E 72nd ST Savannah, GA 31405

Key Details

Location

Interior

Exterior

Building

Others

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906 E 72nd ST