36 Martin Luther King Jr BLVD Active

Savannah,GA 31401

$ 8500000

- Bed

- Bath

10215 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,215 sqft

Price per Sqft $832

MLS Listing ID 319793

Year Built 1870

Annual Tax Amount $16,303

Tax Year 2023

Lot Size 2,744 Sqft

Property Sub-Type Retail

Property Description

Located in Savannah's Historic Landmark District, 36 MLK is a prime mixed-use investment opportunity. This +/- 10,215 SF building features a ground-floor restaurant on a NNN lease, and 12 short-term rental units operating as an Apartment Hotel. The asset benefits from Savannah's strong tourism market, high foot traffic, and its prime location near major attractions, presenting an excellent opportunity for growth and stable long-term income.

Location

State GA

County Chatham

Zoning BC1

Interior

Heating Electric,Zoned

Cooling Electric,Zoned

Exterior

Exterior Feature Other

Utilities Available Underground Utilities

Building

Story 4

Sewer Public Sewer

Water Public

Others

Acceptable Financing ARM,Cash,1031 Exchange

Listing Terms ARM,Cash,1031 Exchange

Special Listing Condition Standard

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