For Sale
$1,945,000

4 Proctor St Statesboro, GA 30458

Downtown mixed-use investment opportunity

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 2.64-acre property in downtown Statesboro offers 14,000 square feet of versatile commercial space, ideal for redevelopment or multiple tenants. Located near key businesses and city amenities, this multi-parcel site boasts over 31,000 square feet under roof, including a former grocery store with impressive 100' x 80' open spans and expansive window lines. The property features over 100 parking spaces, loading docks, drive-in doors accommodating tractor-trailers, and 14-16 foot ceiling heights. Its flexible layout has accommodated various uses, including retail, industrial, and office spaces. Two adjacent buildable lots offer additional development potential. A substantial portion of the property has a newer roof, and the former bar area is sprinklered. The property's prime location in a designated Opportunity Zone may qualify for significant Federal and State tax incentives, with additional incentives potentially available from the City of Statesboro and the Downtown Statesboro Development Authority. The property's configuration allows for single or multiple occupancy, with potential for redevelopment into a large apartment complex (subject to city approval). Individual portions of the property are also available for sale. This presents a tremendous opportunity given Statesboro's explosive growth fueled by the new Hyundai Manufacturing Plant. Space dimensions are available upon request.

Property Details for 4 Proctor St

Property type
Commercial real estate
Square Feet
14,000 SF
Year Built
1940
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Statesboro
County
Bulloch
State
Georgia
Latitude
32.45043
Longitude
-81.7851

FAQs

What type of property is this?
Commercial real estate - Downtown mixed-use investment opportunity
Where is the commercial real estate located?
The property is located at 4 Proctor St Statesboro, GA.
What is the asking price?
The asking price for this property is $1,945,000.
How can I contact the broker?
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4 Proctor St
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