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506-514 Martin Luther King Jr Boulevard

Savannah, GA 31401
  • $4,300,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 307201
$4,300,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 9,900
    SQFT
  • $434
    $/SQFT
Type:
Commercial
Built:
1912
County:
Area:

School Ratings & Info

Description

This is a multiple property sale including The Seabrook Building located at 512-514 Martin Luther King Jr Blvd which consists of a mixed use building and vacant parcels in historic Savannah. The building, originally constructed in 1912 has three floors, 3300 sf each. The main level is a full service restaurant and the upper floors have 3 apartments, all with STVR certificates in place. The sale also includes an adjacent parcel currently used as a courtyard for the restaurant and includes a vacant lot (3 separate pin#s) which sits on the corner of MLK & Gaston Street. This is an excellent site for redevelopment as it is perfectly positioned near new luxury apartments and commercial spaces. These properties are proven income-generators in an area of history, charm, continued growth and development.

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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: 2024-04-04T00:08:11.133.

www.heathermurphysold.com/homes/148377947
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506-514 Martin Luther King Jr Boulevard Savannah, GA 31401

  • Price: $4,300,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: 307201
0
Beds
8
Baths
0
½ Baths
0.08
Acres
9,900
SQFT
$434
$/SQFT
1912
Built
County:
Chatham
Area:
Savannah
Property Description
This is a multiple property sale including The Seabrook Building located at 512-514 Martin Luther King Jr Blvd which consists of a mixed use building and vacant parcels in historic Savannah. The building, originally constructed in 1912 has three floors, 3300 sf each. The main level is a full service restaurant and the upper floors have 3 apartments, all with STVR certificates in place. The sale also includes an adjacent parcel currently used as a courtyard for the restaurant and includes a vacant lot (3 separate pin#s) which sits on the corner of MLK & Gaston Street. This is an excellent site for redevelopment as it is perfectly positioned near new luxury apartments and commercial spaces. These properties are proven income-generators in an area of history, charm, continued growth and development.
Exterior Features

Architectural Style Victorian Construction Materials Brick Fencing Brick Levels Three Or More Road Surface Type Asphalt Stories 3

Interior Features

Appliances Some Electric Appliances Dryer Dishwasher Electric Water Heater Freezer Range Refrigerator Range Hood Some Commercial Grade Washer Basement None Basement YN No Common Walls Item1 Common Wall Cooling Central Air Electric Cooling YN Yes Flooring Concrete Wood Heating Central Electric Heating YN Yes Interior Features High Ceilings

Property Features

Association YN No Community Features Curbs Street Lights Sidewalks Current Use Residential Service Business Lease Considered YN No Lease Term Item12 Months Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Item1031 Exchange Number Of Separate Electric Meters 4 Owner Pays Common Area Maintenance Insurance None Taxes Property Attached YN Yes Property Sub Type Retail Security Features Fire Alarm Fire Sprinkler System Sewer Public Sewer Special Listing Conditions Standard Utilities Cable Available Water Source Public Zoning Description Commercial Mixed use

Listing courtesy of Pamela S. Chance of Keller Williams Coastal Area P: 912-356-5001. © 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: 2024-04-04T00:08:11.133.

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