$1,650,000
For Sale

302 S Laurel Street

Springfield, GA 31329
0.23 acres | #SA331599
Browse 4 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Prime Downtown Springfield Mixed-Use Building for Sale
Located in the heart of vibrant downtown Springfield, this 7,920 SF, two-story mixed-use building is a fantastic investment opportunity. Built in 2023, the property is fully occupied with a diverse tenant mix, offering both commercial and residential income streams. Additional financials available upon request.
Key Property Features:
Size: 7,920 SF, two-story building
Year Built: 2023
Fully Occupied: 2 commercial tenants, 3 residential tenants, average cost per square foot is $17, modified triple net with annual leases
Location: Downtown Springfield, offering high visibility and foot traffic, adjacent to large public parking and City Hall
Income: Est. Annual $132,600 / Est. Annual Exp $15,495 / Est. Annualized NOI $117,105
Additional interior pictures of the residential units can be found here taken before the units were occupied > https://www.apartments.com/302-s-laurel-st-springfield-ga-unit-1/1bezrv7/

  • Property Details
      • Utility FeaturesUndergroundUtilities
      • Sewer InformationPublicSewer
      • Original List Price$1,650,000
      • CountyEffingham
      • Property TypePurchase
      • MLS #SA331599
      • MLS #SA331599
      • Cost1650000
      • Utility SourcePublic
      • Property SubtypeRetail
      • Lot DescriptionLevel
      • Acres0.23
      • Year Built2023
      • FoundationSlab
      • Stories2
      • Days on Market (Cumulative)1

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IDX information is provided exclusively for 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 not guaranteed.

Last Updated: . Source: SARMLS

Listing Courtesy
Listing Agent: Adrian C. Webber (#WEBBEAD)
Listing Office: Realty Companies (#2842)

Sherman & Hemstreet Southern GA Homes LLCReal Estate Group
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IDX information is provided exclusively for 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 not guaranteed.