$1,000,000
( $166.67Per Sq Foot )
 $5,368 est/mo Sourced by Back At You

1902 Demere Road , St. Simons, GA 31522

St. Simons, GA 31522

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Description

Commercial opportunity on Saint Simons Island. This unique property boasts approximately 6,000sqft of warehouse space plus additional land for development. Land is leased through Glynn County Development Authority/ Airport Commission with 17 years left on the current lease plus two 5 year extension options. There is a current sub lease in place with a tenant. This offering is for the building and an assignment of both the Development Authority lease and the tenant lease. Assignment of lease, proposed development and ground lease rate subject to Airport Commission approval. Located off Demere Road near the South end of Saint Simons, this location is in close proximity to all Saint Simons has to offer. This type of commercial opportunity does not come up often!

Details

MLS#10279459
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site186
Listing Provided ByBHHS Hodnett Cooper RE | Lucas Pigge

Features

SQ Feet6,000
Building(s)1
ZoningCommercial
Acreage1.50

Market Activity 31522

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StateGA
CountyGlynn
CitySt. Simons
Zip Code31522
Listing VS Median (in 31522)
Price:
$1,000,000
low | high
Med:
$996,500
50.35% of Average
SqFt:
6,000
low | high
Med:
2,593
100% of Average
$ / SqFt:
$167
low | high
Med:
$393
85.949735127565% of Average
On Site:
186
low | high
Med:
29.500000
100% of Average
Sourced by Back At You
Listing Updated: August 24, 2024 at 12:15:03 PM PDT