1902 Demere Road , St Simons Island, GA 31522
St Simons Island, GA 31522
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!
Details
| Mls | 1645901 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Subtype | Resale |
| Status | Active |
| Days On Site | 245 |
| Listing Provided By | BHHS Hodnett Cooper Real Estate | Michael Giery |
Features
| Acreage | 1.50 |
|---|
Market Activity 31522
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Learn More About This Property
| State | GA |
|---|---|
| County | Glynn |
| City | St Simons Island |
| Zip Code | 31522 |
| Area | S1: South SSI |
| Community Name | No Recorded Subdivision |
| Listing VS Median (in No Recorded Subdivision) | |
Price: $1,000,000 low | high Med: $266,875 On Site: 245 low | high Med: 152.000000 | |