422 43Rd StSavannah, GA 31401
- Retail properties
- 2,800 SF
Property Details for 422 43Rd St
- Year built
- 1920
- Property size (Sq ft)
- 2,800 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This Savannah, GA mixed-use property presents a compelling investment opportunity. Located in the Historic Streetcar District, directly across from SCAD student housing, this 2,800 square foot building boasts original hardwood floors, oversized trim, and a large fenced patio. The property, built in 1920 and renovated in 2008, features six parking spaces, ADA-compliant access, and rear access to the second-floor residential unit. Zoned TC-2, it offers diverse usage potential. The current lease, a NNN lease, expired on 12/31/2023, presenting a value-add opportunity. The building has a 4.44% cap rate and a NOI of $48,000. Owner financing is available. This single-unit, two-story building represents a strong return on investment in a vibrant, high-demand location. The asking price is $1,080,000.
Location Insight
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Latitude
- 32.0541
- Longitude
- -81.1068
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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