5501 Abercorn StSavannah, GA 31405

  • Retail properties
  • 9,744 SF
For Sale
$467,000 View listing

Property Details for 5501 Abercorn St

Year built
1979
Lot size
3.60 AC
Property size (Sq ft)
9,744 SF
Zone code
BC
Property type
Retail properties
Property subtype
Strip malls
APN
2-0127 -03-004
APU
2012703004

Description

This thriving Savannah, Georgia bike shop is offered for sale at $467,000. Located at 5501 Abercorn St, in Chatham County, this Class A, 1,600 square foot business boasts a strong track record. The shop has generated $554,274 in total sales and a cash flow of $228,976. The sale includes $115,000 in furniture, fixtures, and equipment (FF&E) and $270,000 in inventory. The business operates as an LLC and is situated in a high-growth area with a vibrant cycling community, presenting significant potential for expansion. This owner-user investment opportunity offers a unique blend of established success and future growth potential in a desirable Savannah location. The price per square foot is $291.88. This is a turnkey operation ready for a new owner to continue its success and build upon its existing loyal customer base. The reason for sale is due to other obligations. This is an exceptional opportunity for an entrepreneur seeking a profitable and established business in a thriving market. The business is categorized under Entertainment and Recreation.

5501 Abercorn St, Savannah, Georgia

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.0268
Longitude
-81.1096
CBSA code
42340
CBSA name
SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$1,173,000
$372,844
$1,545,844
-
$2,932,500
$932,110
$3,864,610

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