$1,698,000 6,900 SF

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.

Property Features

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  •  2022
  •  0.38
  •  16553
  •  StreetLights
  •  1
    • Cash
    • Conventional
    • Item103
  •  LOTS 2 3 6 & 7 BLK AA NORTH KENSINGTON BOUHAN WD
  •  BG
    • FireAlarm
    • SecurityLights
  •  8933.00
  •  UndergroundUtilities
  •  PublicSewer
  •  Public
  •  Click to View Virtual Tour
  • Exterior Features

  •  Asphalt
  •  Office
  •  CommercialSale
  • Interior Features

    • CentralAir
    • Electric
    • Central
    • Electric
  • Courtesy of Parker Scott Properties

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    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    906 E 72nd Street
    Savannah, 31405

    $1,698,000
    0 Beds / 0 Bath
    6900 Sq. Feet
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    906 E 72nd Street
    Savannah, 31405

    $1,698,000
    0 Beds / 0 Bath
    6900 Sq. Feet
    Click image to generate new verification code.