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36 Martin Luther King Jr Boulevard

Savannah, GA 31401
  • $8,500,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 319786
UPDATED: 51 min ago
$8,500,000
  • 18
    BEDS
  • 0.06
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 10,215
    SQFT
  • $832
    $/SQFT
Type:
Multi-Family
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 Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent 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: 2024-11-02T13:08:24.187.

www.teresacowartteam.com/homes/155260550
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36 Martin Luther King Jr Boulevard Savannah, GA 31401

  • Price: $8,500,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 51 min ago
  • MLS #: 319786
18
Beds
18
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 Lot Size Dimensions 45 X 60.5

Interior Features

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

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms ARM Cash1031 Exchange Property Attached YN Yes Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 16303 Tax Year 2023 Utilities Underground Utilities Water Source Public Waterfront YN No

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 Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent 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: 2024-11-02T13:08:24.187.

 
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