2117 Shell Rd, Savannah, GA 31404

$750,000
8,800
SqFt

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Sold Price
$750,000
List Price
$750,000
Status
CLOSED
Days on Market
26
Closing Date
Jun 10, 2024
MLS#
SA307265
Subtype
Commercial Sale
Year Built
1971
Living Area
8,800
Lot Size
29,185
Acres
0.67

Property Description

Also includes PIN 20100 06053. 0.67± acres with 0.55± acres zoned I-L-T and 0.12 acres zoned RSF-6. Improvements: 8,800 square foot pre-engineered steel building constructed in 1971 on a concrete slab at grade. 16 foot eave height. New roof installed approximately 18 years ago. The ground floor contains 6,000 square feet and is partitioned into three bays containing 2,700, 1,800 and 1,500 square feet respectively. Each bay or suite is accessible via a 10 x 12 roll-up door. The mezzanine level contains 2,800 square feet and is partitioned into two bays; a 1,000 square foot bay that has HVAC and an 1,800 square foot bay without HVAC. The real value in this property occurs in 22 months when the ground floor can be brought to market rent. In the interim, the mezzanine tenant's rent can be increased to market (month to month tenant that has occupied the property for 20± years). The fenced area can also be leased out immediately as it is not included in the ground floor lease.

Additional Information

Zoning
BG
Flooring
Concrete, Wood
Appliances
Electric Water Heater
Heating
Electric, Heat Pump
Air Conditioning
Electric, Heat Pump
Roof
Metal, Ridge Vents
Foundation
Concrete Perimeter, Slab

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coastal Realty Investors, LLC. Selling Office: Coldwell Banker Access Realty.