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518 Martin Luther King Jr Boulevard

Savannah, GA 31401
  • $2,100,000
  • STATUS: Active Under Contract
  • ON SITE: 127 Days
  • MLS #: 250985
Under Contract
$2,100,000
  • 6
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,326
    SQFT
  • $332
    $/SQFT
Type:
Commercial
Built:
1912
County:
Area:

School Ratings & Info

Description

The Rosenhoff Block Building is a mixed use property in the Savannah Historic Landmark District built in 1912. It was purchased and rehabbed in 2001-2002, receiving the 2002 Compatible Rehabilitation Award by the Historic Savannah Foundation. It contains approximately 6,208 square feet, with the ground floor available for an owner occupant. Excellent location for a restaurant with outside dining and many other possibilities. Zoned D-C (see attachments) and the upstairs is being utilized as residential consisting of two 3 bedroom 1 bath units with an excellent rental history and favorable income. STVR certificates in place. This listing also includes a large courtyard (that previously was a structure) as well as an additional parcel which is now used as a parking lot. Excellent opportunity for investment. Potential for possible expansion with the adjoining parcels.

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© 2021 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: 2021-10-17T00:07:39.063.

www.heathermurphysold.com/homes/118142123
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518 Martin Luther King Jr Boulevard Savannah, GA 31401

  • Price: $2,100,000
  • Status: Active Under Contract
  • MLS #: 250985
6
Beds
4
Baths
0
½ Baths
0.23
Acres
6,326
SQFT
$332
$/SQFT
1912
Built
County:
Chatham
Area:
Savannah
Property Description
The Rosenhoff Block Building is a mixed use property in the Savannah Historic Landmark District built in 1912. It was purchased and rehabbed in 2001-2002, receiving the 2002 Compatible Rehabilitation Award by the Historic Savannah Foundation. It contains approximately 6,208 square feet, with the ground floor available for an owner occupant. Excellent location for a restaurant with outside dining and many other possibilities. Zoned D-C (see attachments) and the upstairs is being utilized as residential consisting of two 3 bedroom 1 bath units with an excellent rental history and favorable income. STVR certificates in place. This listing also includes a large courtyard (that previously was a structure) as well as an additional parcel which is now used as a parking lot. Excellent opportunity for investment. Potential for possible expansion with the adjoining parcels.
Exterior Features

Architectural Style Victorian Exterior Features Fence Fencing Chain Link Levels Two Parking Total 6 Road Surface Type Asphalt

Interior Features

Accessibility Features No StairsAccessible DoorsAccessible Hallway(S) Appliances Some Electric AppliancesDryerElectric Water HeaterRangeRefrigeratorWasher Common Walls 1 Common Wall Cooling Central AirElectric Cooling YN Yes Fireplace YN Yes Flooring ConcreteHardwoodTile Heating CentralElectric Heating YN Yes Interior Features FireplaceHigh Ceilings

Property Features

Association YN No Community Features CurbsGutter(S)Street LightsSidewalks Current Use Residential Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Owner Pays None Property Attached YN Yes Property Sub Type Retail Security Features None Sewer Public Sewer Special Listing Conditions Standard Stories Total 2 Tax Annual Amount 8142 Tax Year 2017 Water Source Public

Listing courtesy of Pam S Chance of Keller Williams Realty Coastal Area Partners,Llc. © 2021 Savannah Multi-List Corporation. All rights reserved.


© 2021 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: 2021-10-17T00:07:39.063.

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