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1902 Demere Road

St. Simons, GA 31522
  • $1,250,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 10279459
UPDATED: 134 min ago
$1,250,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $208
    $/SQFT
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Description

Commercial opportunity on Saint Simons Island. This unique property boasts approximately 6,000sqft of warehouse space plus additional land for development. Land is leased through Glynn County Development Authority/ Airport Commission with 17 years left on the current lease plus two 5 year extension options. There is a current sub lease in place with a tenant. This offering is for the building and an assignment of both the Development Authority lease and the tenant lease. Assignment of lease, proposed development and ground lease rate subject to Airport Commission approval. Located off Demere Road near the South end of Saint Simons, this location is in close proximity to all Saint Simons has to offer. This type of commercial opportunity does not come up often!

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX Center are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX Center. Data last updated: 2024-05-24T16:14:05.297.
www.myhomeatl.com/homes/149523205
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1902 Demere Road St. Simons, GA 31522

  • Price: $1,250,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 134 min ago
  • MLS #: 10279459
0
Beds
0
Baths
0
½ Baths
1.5
Acres
6,000
SQFT
$208
$/SQFT
1947
Built
County:
Glynn
Area:
St. Simons
Property Description
Commercial opportunity on Saint Simons Island. This unique property boasts approximately 6,000sqft of warehouse space plus additional land for development. Land is leased through Glynn County Development Authority/ Airport Commission with 17 years left on the current lease plus two 5 year extension options. There is a current sub lease in place with a tenant. This offering is for the building and an assignment of both the Development Authority lease and the tenant lease. Assignment of lease, proposed development and ground lease rate subject to Airport Commission approval. Located off Demere Road near the South end of Saint Simons, this location is in close proximity to all Saint Simons has to offer. This type of commercial opportunity does not come up often!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Concrete Door Features Delivery Door Garage YN No Lot Features Business ParkInterior Lot Lot Size Area 1.5 Lot Size Source Public Records Lot Size Units Acres Parking Features Other

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 6000 Building Area Units Square Feet Cooling None Cooling YN No Heating None Heating YN No Living Area Source Owner Living Area Units Square Feet

Property Features

Electric On Property YN Yes New Construction YN No Property Condition Resale Property Sub Type CommercialWarehouse Sewer Public Sewer Structure Type Warehouse Tax Annual Amount 840.43 Tax Year 2023 Utilities Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available Water Source Public

GAMLS logo Listing provided courtesy of BHHS Hodnett Cooper RE: 912-638-5450. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX Center are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX Center. Data last updated: 2024-05-24T16:14:05.297.
 
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