36 Martin Luther King BLVD Active Save Request In-Person Tour Request Virtual Tour
Savannah,GA 31401
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,215 sqft
Price per Sqft $734
MLS Listing ID 319612
Year Built 1870
Annual Tax Amount $16,303
Tax Year 2023
Lot Size 2,744 Sqft
Property Sub-Type Hotel/Motel
Property Description
Located in Savannah's Historic Landmark District, 36 MLK is a prime mixed-use investment opportunity. This +/- 10,215 SF building features a ground-floor restaurant on a NNN lease, and 12 short-term rental units operating as an Apartment Hotel. The asset benefits from Savannah's strong tourism market, high foot traffic, and its prime location near major attractions, presenting an excellent opportunity for growth and stable long-term income.
Location
State GA
County Chatham
Zoning BC1
Interior
Heating Electric,Zoned
Cooling Electric,Zoned
Exterior
Exterior Feature Other
Building
Story 4
Sewer Public Sewer
Water Public
Others
Acceptable Financing ARM,Cash,1031 Exchange
Listing Terms ARM,Cash,1031 Exchange
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=BLtBb82MsTK&mls=1