For Sale
$4,459,000

106 St Marys StSt. Marys, GA 31558

Historic St. Marys restaurant & development potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional waterfront property in historic downtown St. Marys, Georgia, presents a remarkable investment opportunity. The 7,038 square foot site encompasses two buildings, both boasting direct St. Marys River views. One building houses the established Riverside Cafe, a 20-year local landmark specializing in Greek-American cuisine. The restaurant features 100-person seating, a large riverfront patio, private dining capabilities, upgraded kitchen facilities, and a proven track record with 50,000 covers annually over a five-day work week. The sale includes the ongoing restaurant business. The property's C1 zoning allows for significant expansion. A first floor could incorporate the existing restaurant, retail, and professional spaces, while upper floors offer residential development potential, with up to three additional stories permitted, reaching a maximum height of 45 feet (measured from the base flood elevation). The 0.28-acre lot enjoys high pedestrian traffic and stunning water views. This fee-simple ownership offers a unique blend of established income and substantial future development possibilities. The property was built in 1992 and consists of two, two-story buildings. The asking price is $4,459,000 ($633.56 per square foot).

Highlights

  • Flexible zoning allows for mixed-use development: ground floor restaurant/retail with up to three floors of residential units.
  • Building height is capped at 45 feet, measured from the Base Flood Elevation (BFE).
  • Excellent water views and high pedestrian traffic.
  • Potential for 10 residential units per floor.

Property Details for 106 St Marys St

Property type
Retail properties, Restaurants
Square Feet
7,038 SF
Year Built
1992
Buildings
2
Stories
2
Lot Size (sq. ft)
12,197 SF

Location Insight

City
St. Marys
County
Camden
State
Georgia
Latitude
30.7208001
Longitude
-81.549487
106 St Marys St, St. Marys, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
106 St Marys St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message