906 E 72nd ST Active Save Request In-Person Tour Request Virtual Tour
Savannah,GA 31405
Key Details
Property Type Commercial
Sub Type Commercial,Industrial,Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $267
MLS Listing ID 10211976
HOA Y/N No
Year Built 1970
Annual Tax Amount $8,933
Tax Year 2023
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 16552.8
Property Sub-Type Commercial,Industrial,Office
Source Georgia MLS 2
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
Equipment Fixtures
Fireplace No
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
View Y/N No
Total Parking Spaces 22
Garage No
Private Pool No
Building
Lot Description Corner Lot
Faces 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.
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID 20114 28009
Acceptable Financing Cash,Conventional,Small Business Loan
Listing Terms Cash,Conventional,Small Business Loan
Special Listing Condition Updated/Remodeled