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906 E 72nd St,  Savannah GA, 31405

(Active)
$1,848,000
|
6,900 sqft
|
MLS# 10211976
Last Updated: 5/18/2024 10:27 PM
Description for 906 E 72nd St Savannah, GA 31405
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.
Price
$1,848,000
E 72nd St Plaza
Chatham
6,900 (approx)
10211976
Active
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.
Listing Information
Property Type: Industrial, Business Opportunities, Other
0.38 Acres 6,900 (approx) 1970
Yes-22 spaces Brick
E 72nd St Plaza
Public
Public Sewer
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Neighborhood
Room Information
Interior Features
Central Air, Electric
Electric Heating, Central
Exterior / Lot Features
22 Garage Spaces, 22 Parking Spaces, Parking Lot, Paved
Brick
Commercial Business
Updated/Remodeled
Corner Lot
Driving Directions
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.
Financial Considerations
20114 28009
$8,933
Cash, Conventional
Listing Price History

Savannah Real Estate

Savannah is located in Georgia. Savannah, Georgia 31405 has a population of 148,933.

The median household income in Savannah, Georgia 31405 is $55,299. The median household income for the surrounding county is $60,825 compared to the national median of $66,222. The median age of people living in Savannah 31405 is 36 years.

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Courtesy: Parker Scott Properties
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
This content last refreshed on 5/18/2024 10:27 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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