514 Martin Luther King Jr Blvd
Savannah, GA 31401
$3,100,000
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0 Beds
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8 Baths
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9,900 SqFt
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DESCRIPTION
The Seabrook Building, constructed in 1912 has been beautifully renovated and currently consists of a full service restaurant and three separate residential apartments each having 2,200 sf. The apartments have been used as short term vacation rentals and all have active STVR certificates in place. There is an excellent income history from all residential units as well as from the restaurant space. The property is literally at the I-16 ramp, is a high profile mixed use building, and is in a great walkable area of the Historic Savannah district. This is a perfect opportunity to acquire a proven income-generator in an established area with history, charm, continued growth and redevelopment.
KEY DETAILS
- Price:
- $3,100,000
- Bedrooms:
- 0
- Full Baths:
- 8
- Square Footage:
- 9,900
- Acreage:
- 0.08
- Year Built:
- 1912
- MLS #:
- 281758
- Street Address:
- 514 Martin Luther King Jr Blvd
- City:
- Savannah
- State:
- GA
- Postal Code:
- 31401
- County:
- Chatham
- Listing Status:
- For Sale - Active
Building
- Approximate Total Liveable Area:
- 9900
- Building Security:
- Fire Alarm, Fire Sprinkler System
- Construction Description:
- Brick
- Flooring:
- Concrete, Wood
- Interior Features:
- High Ceilings
- Stories:
- 3
- Style:
- Victorian
- Year Built:
- 1912
Land
- Conforms To Zoning:
- BC
- Existing Land Use:
- Residential
- Lot Square Footage:
- 3398
- Road Type:
- Asphalt
- Zoning Description:
- Commercial, Mixed Use
Listing
- Community Features:
- Curbs, Street Lights, Sidewalks
- Lease Terms:
- 12 Months
- Originating Mls:
- Sav
- Terms:
- Cash, Conventional, 1031 Exchange
Structures
- Fence:
- Brick
Systems
- Appliances:
- Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
- Cooling System:
- Central Air, Electric
- Existing Water:
- Public
- Has Central Air Conditioning:
- 1
- Heating:
- Central, Electric
- Sewage Type:
- Public Sewer
Source
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Listing Provided By: Keller Williams Coastal Area P
