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36 Martin Luther King Boulevard

Savannah, GA 31401
  • $8,500,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 319612
UPDATED: 69 min ago
$8,500,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,215
    SQFT
  • $832
    $/SQFT
Type:
Commercial
Built:
1870
County:
Area:

School Ratings & Info

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.

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© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-10T11:08:03.56.

www.heathermurphysold.com/homes/155260549
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36 Martin Luther King Boulevard Savannah, GA 31401

  • Price: $8,500,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 69 min ago
  • MLS #: 319612
0
Beds
0
Baths
0
½ Baths
0.06
Acres
10,215
SQFT
$832
$/SQFT
1870
Built
County:
Chatham
Area:
Savannah
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.
Exterior Features

Construction Materials Brick Exterior Features Other Lot Size Dimensions 40 X 60.5 Road Surface Type Asphalt

Interior Features

Appliances Electric Water Heater Common Walls 2+ Common Walls Cooling Electric Zoned Cooling YN Yes Heating Electric Zoned Heating YN Yes

Property Features

Association YN No Current Use Hotel / Motel Retail Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms ARM Cash1031 Exchange Owner Pays Other Property Attached YN Yes Property Sub Type Hotel / Motel Security Features Fire Alarm Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 16303 Tax Year 2023 Water Source Public

Listing courtesy of Brett Strickland of Engel & Volkers: 912-238-0874. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-10T11:08:03.56.

 
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Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners
329 Commercial Drive Suite 100
Savannah GA, 31406