302 S Laurel St, Springfield, GA 31329

$1,220,000

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Sold Price
$1,220,000
List Price
$1,400,000
Status
CLOSED
Days on Market
135
Closing Date
Oct 24, 2025
MLS#
SA331599
Subtype
Commercial Sale
Year Built
2023
Lot Size
10,019
Acres
0.23

Property Description

FIRM PRICE ADJUSTMENT: Prime Downtown Springfield Mixed-Use Building for Sale Located in the heart of vibrant downtown Springfield, this 7,920 SF, two-story mixed-use building is a fantastic investment opportunity. Built in 2023, the property is fully occupied with a diverse tenant mix, offering both commercial and residential income streams. Additional financials available upon request. Key Property Features: Size: 7,920 SF, two-story building Year Built: 2023 Fully Occupied: 2 commercial tenants, 3 residential tenants, average cost per square foot is $17, modified triple net with annual leases Location: Downtown Springfield, offering high visibility and foot traffic, adjacent to large public parking and City Hall Income: Est. Annual $132,600 / Est. Annual Exp $15,495 / Est. Annualized NOI $117,105 Additional interior pictures of the residential units can be found here taken before the units were occupied > https://www.apartments.com/302-s-laurel-st-springfield-ga-unit-1/1bezrv7/

Additional Information

Zoning
C-3
Flooring
Carpet, Vinyl
Appliances
Convection Oven, Dishwasher, Electric Water Heater, Refrigerator
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Foundation
Slab

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Calculator source: Real Geeks

Listing courtesy of Realty Companies. Selling Office: Keller Williams Coastal Area P.