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906 E 72nd Street

Savannah, GA 31405
  • $1,848,000
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: 283662
$1,848,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,900
    SQFT
  • $268
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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 " The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity " This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.21% cap rate.

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© 2023 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 RE/MAX Island Realty. Real estate listings held by brokerage firms other than RE/MAX Island Realty 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: 2023-06-10T00:08:02.733.

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

  • Price: $1,848,000
  • Status: Active
  • On Site: 106 Days
  • MLS #: 283662
0
Beds
0
Baths
0
½ Baths
0.38
Acres
6,900
SQFT
$268
$/SQFT
1970
Built
County:
Chatham
Area:
Savannah
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 " The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity " This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.21% cap rate.
Exterior Features

Construction Materials Brick Parking Total 22 Road Surface Type Asphalt

Interior Features

Cooling CentralairElectric Cooling YN Yes Heating CentralElectric Heating YN Yes

Property Features

Association YN No Community Features Streetlights Current Use Office Lease Considered YN No Listing Agreement Exclusiverighttosell Listing Terms CashConventionalItem1031exchange Owner Pays InsuranceNoneTaxes Property Attached YN No Property Sub Type Office Security Features FirealarmSecuritylights Sewer Publicsewer Special Listing Conditions Standard Tax Annual Amount 8933 Tax Year 2022 Utilities Undergroundutilities Water Source Public

Listing courtesy of Michelle Parker of Parker Scott Properties: (912) 897-6320. © 2023 Savannah Multi-List Corporation. All rights reserved.


© 2023 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 RE/MAX Island Realty. Real estate listings held by brokerage firms other than RE/MAX Island Realty 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: 2023-06-10T00:08:02.733.

 
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24 New Orleans Road, Suite 210
Hilton Head SC, 29928