106 St Marys StSt. Marys, GA 31558

Property Details for 106 St Marys St

Year built

1992

Lot size

0.28 AC

Property size (Sq ft)

7,038 SF

Property type

Hospitality properties

Property subtype

Other retail properties

Description

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).

Location Insight

City

St. Marys

County

Camden

State

Georgia

Latitude

30.7208

Longitude

-81.5495

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