Homes for sale - 906 E 72nd, Savannah, GA 31405

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Traci Pate

tracipatesells@gmail.com +1(770) 771-3771

Listed by Michelle Parker • Parker Scott Properties

$ 1,848,000

Est. payment | -/mo

0.38 Acres Lot

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$ 1,848,000

Est. payment | -/mo

Save

0.38 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision E 72Nd St Plaza

MLS Listing ID 10211976

Construction Status Updated/Remodeled

Year Built 1970

Annual Tax Amount $8,933

Tax Year 2023

Lot Size 0.380 Acres

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

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

Building

Sewer Public Sewer

Construction Status Updated/Remodeled

Others

Acceptable Financing Cash, Conventional, Small Business Loan

Listing Terms Cash, Conventional, Small Business Loan

Special Listing Condition Investor Owned

906 E 72nd Savannah, GA 31405