$1,200,000

$1,200,000 528 Martin Luther King Boulevard Savannah, GA

MLS: 235954   Type: Commercial   County: Chatham   City: Savannah   Zip: 31401   Style: Retail     Stories: 2

Mortgage $5,634 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

5

5

3

7,080

5,227

0

Income Producing. 100% occupied with VALUE ADDED opportunity. 3 retail spaces including one unit with FULL KITCHEN. Upstairs apartments in great condition all with half bathrooms which make perfect roommate setup. Active redevelopment in area with many new apartments being built that will continue to need service retail. Currently priced at 7.4 % CAP RATE!

Elementary School

Middle School

High School

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Distance: N/A Miles
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Price History

10/13/2020 Listed $1,200,000

Appliances Electric Water Heater, Oven, Range, Refrigerator, Range Hood
Association Y/N No
Construction Materials Brick
Cooling Central Air, Electric
Current Use Residential
Heating Central, Electric
Property Attached Y/N No
Property SubType Retail
Property Type Commercial Sale
Security Features None
Sewer Public Sewer
Terms Cash, Conventional, 1031 Exchange, Other
Zoning Description Mixed use

Interior Features

Air Conditioning Y/N Yes
Full Baths 5
Half Baths 3
Heating Y/N Yes
Living Area 7080
Total Baths 8
Total Bedrooms 5

Exterior Features

Lot Size Acres 0.12
Lot Size Area 0.12
Lot Size Square Feet 5184
Lot Size Units Acres
Road Surface Type Asphalt
Water Source Public

Property Schools



Direct Link:

https://www.savannahrealestatecompany.com/property/52-235954-528-Martin-Luther-King-Boulevard-Savannah-GA-31401

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Property vs Zip Code Avg (31401)

Price 1.20M Avg 1.87M

Sqr Feet 7,080 Avg 5,230

Cost / Sqr Ft $169 Avg $359

Acres 0.12 Avg 0.11

Visits 7 Avg 40

Days on Site 18 Avg 225

Walkscore® 88 Avg 89

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Vantosh Realty, LLC




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Location & Address

SavannahRealEstate.com
331 Tattnall St
Savannah , GA
912-662-8242
(912) 335-5851