906 e 72nd streetSavannah, GA 31405

$1,848,000Price
6,900 Sq.Ft.$268 / Sq.Ft.
6,900Sq.Ft.
$268per Sq.Ft.
OverviewLocationBuilding informationProperty InfoPublic Records
$1,848,000Price
6,900$267.83 / Sq.Ft.

906 e 72nd streetSavannah, GA 31405

Description

The building is a one-story retail/office building constructed in 1970 and renovated in 2022. It has 22 spaces which equates to 3.19 spaces/1,000 sq. ft. There are 6 units in the building and all are leased. The foundation is slab, framing is masonry, and the exterior walls are block and stucco. Each unit has a retail storefront-sized glass window. The roof is flat and comprised of a rubber membrane. Floors are LVP; tile, and sealed concrete. Walls are gypsum and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities a The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity a This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.8% cap rate.

Property Details for 906 E 72nd Street

  • Num Of Parking Spaces22
  • Parking FeaturesParking Lot, Paved
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #10211976
  • Days on Site546
  • Taxes$8,933 / year
  • MLS TypeCommercial Sale
  • Year Built1970
  • Lot Size0.38 Acres
  • CountryChatham

Location

GASavannah31405906 E 72nd Street

LISTING UPDATED:

  • StatusActive
  • MLS #10211976
  • Days on Site546
  • Taxes$8,933 / year
  • MLS TypeCommercial Sale
  • Year Built1970
  • Lot Size0.38 Acres
  • CountryChatham

Building Information for 906 E 72nd Street

Payment Calculator

$10,580 per month30 year fixed, 7.00% Interest
Principal and Interest$9,835.83
Property Taxes$744.42
HOA Dues$0

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Property Information for 906 E 72nd Street

Summary

Location and General Information

  • Directions: The site is located just 335 feet to the north of DeRenne Ave. and just 350 feet from Waters Ave. to the west. This is one of the busiest areas in Savannah as DeRenne is the only gateway to the Southside from the west via Highways 521/21 and Interstate 16. Location is centered between two hospitals.
  • Coordinates: 32.025844,-81.095656

School Information

    Taxes and HOA Information

    • Parcel Number: 20114 28009
    • Tax Year: 2023

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Cooling: Central Air, Electric
      • Heating: Central, Electric
      • Other Equipment: Fixtures

      Exterior Features

      • Construction Materials: Brick
      • Pool Private: No

      Property

      Utilities

      • Sewer: Public Sewer
      • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
      • Water Source: Public

      Property and Assessments

      • Home Warranty: No
      • Property Condition: Updated/Remodeled

      Green Features

        Lot Information

        • Lot Features: Corner Lot

        Multi Family

        • Number of Units To Be Built: Square Feet

        Rental

        Rent Information

        • Land Lease: No

        Public Records for 906 E 72nd Street

        Tax Record

        Home Facts