For Sale
$2,200,000

133 Bay StBaxley, GA 31513

High-yield retail center, 10 units, 2.31 acres

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a 10-unit shopping center ideally situated on a substantial 2.31-acre lot in Baxley, Georgia. The property boasts a prime location with excellent visibility and accessibility, featuring 445 feet of road frontage on Luckie Street and 185 feet on Bay Street. Currently, eight of the ten units are leased, generating a robust monthly income of $12,256, translating to $147,072 annually. This consistent cash flow provides immediate return on investment, while the two vacant units offer significant potential for increased revenue. The total building area encompasses 32,444 square feet, providing ample space for a diverse range of retail tenants. The property's size and location within Baxley make it an attractive proposition for both seasoned investors seeking a stable income stream and newcomers looking to enter the commercial real estate market. The substantial lot size also allows for future expansion or redevelopment possibilities, further enhancing its long-term value. This is a rare chance to acquire a well-established, income-producing property with considerable upside potential. The property is ready for immediate ownership and offers a compelling opportunity for significant financial returns.

Property Details for 133 Bay St

Property type
Square Feet
32,444 SF
Year Built
1979
Lot Size (sq. ft)
100,624 SF

Location Insight

City
Baxley
County
Appling
State
Georgia
Latitude
31.77547
Longitude
-82.3521
133 Bay St, Baxley, Georgia

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133 Bay St
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