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Veronica Jones

veronica.jones@evatlanta.com +1(404) 957-9693

$ 900,000

Est. payment -/mo

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Price Dropped by $50K

1902 Demere RD St. Simons, GA 31522

6,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $150

MLS Listing ID 10279459

HOA Y/N No

Year Built 1947

Annual Tax Amount $840

Tax Year 2023

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions 1.5

Property Sub-Type Commercial,Warehouse

Source Georgia MLS 2

Property 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!

Location

State GA

County Glynn

Zoning Commercial

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Other

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View Y/N No

Garage No

Private Pool No

Building

Lot Description Business Park, Interior Lot

Faces Driving from the Frederica Road/Demere Road roundabout, travel southeast on Demere Road .28 miles. Property will be on the left side of the road. Located directly next to Island Automotive.

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Others

Tax ID 0414755

Special Listing Condition Resale

Veronica Jones

Associate Broker

+1(404) 957-9693