For Sale
$950,000

11 Lathrop AveSavannah, GA 31415

4,200 SF Flex Space, $950K

Overview

Added:
Dec 11, 2024
Days on market:
115
This Savannah, Georgia industrial property, located at 11 E Lathrop Ave, offers 4,200 square feet of versatile space, currently operating as a learning academy. Built in 1940 and renovated in 2015, this Class C property sits on an 8,102 square foot lot and includes two buildings. The asking price is $950,000, translating to $226.19 per square foot. With 100% occupancy, the property boasts nine parking spaces and is zoned IL-R. Its prime location near Savannah's ports and industrial hub provides excellent accessibility via major transportation routes and high-traffic areas. The property's history as a warehouse makes it easily adaptable for various uses, including a school, flex space, or repair shop. An adjacent property at 17 E Lathrop Ave (available for $1.5M, but only after purchase of this property) could serve as an annex or rental property. This presents a unique opportunity for owner-users seeking a flexible and strategically located industrial space.

Highlights

  • 4,200 SF industrial building in Savannah, GA, on an 8,102 SF lot.
  • Class C property, built in 1940, renovated in 2015, currently operating as a learning academy.
  • Asking price: $950,000 ($226.19/SF), 100% occupancy, nine parking spaces.
  • IL-R zoning, excellent access to Savannah's ports and major transportation routes.
  • Potential for various uses (school, flex space, repair shop); adjacent property available for purchase ($1.5M) after this property closes.

Property Details for 11 Lathrop Ave

Property type
Warehouses, Industrial properties
Square Feet
4,200 SF
Class
C
Year Built/Renovated
1940/2015
Buildings
2

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.085747450617
Longitude
-81.111730458332
11 Lathrop Ave, Savannah, Georgia

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11 Lathrop Ave
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