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906 E 72nd Street

Savannah, GA 31405
  • $1,698,000
  • STATUS: Active
  • ON SITE: 422 Days
  • MLS #: 283662
$1,698,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,900
    SQFT
  • $246
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

This is a great opportunity to acquire a cash-flowing asset with solid leases in place at an 8.45% cap rate. The building is a one-story retail strip center, constructed in 1970 and renovated in 2022, comprised of six units with 22 parking spaces, which equates to 3.19 spaces/1,000 sq. ft. 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. The walls are gypsum, and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities The site is accessed via either E. 72nd St. or Sutlive St, and all utilities are connected to the building.

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© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Savannah Homes. Real estate listings held by brokerage firms other than Coastal Savannah Homes are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-20T22:28:26.023.

www.coastalsavannahhomes.com/homes/137199973
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906 E 72nd Street Savannah, GA 31405

  • Price: $1,698,000
  • Status: Active
  • On Site: 422 Days
  • MLS #: 283662
0
Beds
0
Baths
0
½ Baths
0.38
Acres
6,900
SQFT
$246
$/SQFT
1970
Built
County:
Chatham
Area:
Savannah
Property Description
This is a great opportunity to acquire a cash-flowing asset with solid leases in place at an 8.45% cap rate. The building is a one-story retail strip center, constructed in 1970 and renovated in 2022, comprised of six units with 22 parking spaces, which equates to 3.19 spaces/1,000 sq. ft. 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. The walls are gypsum, and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities The site is accessed via either E. 72nd St. or Sutlive St, and all utilities are connected to the building.
Exterior Features

Construction Materials Brick Parking Total 22 Road Surface Type Asphalt

Interior Features

Cooling Central Air Electric Cooling YN Yes Heating Central Electric Heating YN Yes

Property Features

Association YN No Community Features Street Lights Current Use Office Service Business Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Item1031 Exchange Owner Pays Insurance None Taxes Property Attached YN No Property Sub Type Office Security Features Fire Alarm Security Lights Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 8933 Tax Year 2022 Utilities Underground Utilities Water Source Public

Listing courtesy of Michelle Parker of Parker Scott Properties: 912-897-6320. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Savannah Homes. Real estate listings held by brokerage firms other than Coastal Savannah Homes are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-20T22:28:26.023.

 
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