For Sale
$850,000

1583 Cherry StJesup, GA 31545

High-yield, fully leased commercial property. Excellent location & income.

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a 10,962 square foot shopping center in Jesup, Georgia. The property sits on a generous 2.54-acre lot and boasts five fully occupied commercial units, generating a substantial monthly income of $5,350. Ample parking is available, ensuring convenient access for tenants and customers alike. The property's strong tenant occupancy guarantees an immediate and consistent cash flow, making it an attractive addition to any real estate portfolio. Annual property taxes are $5,563, and annual insurance premiums are $4,400. This fully operational shopping center is located in a thriving area, offering a stable and profitable investment opportunity. The property's size and location make it ideal for a variety of commercial uses, providing long-term growth potential. This is a turnkey operation, requiring minimal management overhead. The current leases provide a secure income stream, minimizing risk and maximizing return on investment. This property represents a rare chance to acquire a high-performing commercial asset in a desirable location.

Property Details for 1583 Cherry St

Property type
Square Feet
10,962 SF
Year Built
2011
Lot Size (sq. ft)
110,642 SF

Location Insight

City
Jesup
County
Wayne
State
Georgia
Latitude
31.62077
Longitude
-81.90436
1583 Cherry St, Jesup, Georgia

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1583 Cherry St
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