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Listed by Lucas Pigge • BHHS Hodnett Cooper RE
$1,000,000
Est. payment /mo
1.5 Acres Lot
Under Contract
1902 Demere RD St. Simons, GA 31522
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Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 10279459
Construction Status Resale
Year Built 1947
Annual Tax Amount $840
Tax Year 2023
Lot Size 1.500 Acres
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
Exterior
Parking Features Other
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Building
Sewer Public Sewer
Construction Status Resale
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