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1902 Demere Road

St. Simons Island, GA 31522
  • $1,250,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 1645901
UPDATED: 161 min ago
$1,250,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

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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© 2024 Golden Isles Association of Realtors MLS. All rights reserved. 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 the MLS or Coastal Georgia Living LLC. Data last updated: 2024-07-16T10:03:33.38.
www.coastalgaliving.com/homes/149192375
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1902 Demere Road St. Simons Island, GA 31522

  • Price: $1,250,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 161 min ago
  • MLS #: 1645901
0
Beds
0
Baths
0
½ Baths
1.5
Acres
Neighborhood:
No Recorded Subdivision
County:
Glynn
Area:
S1: South Ssi
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

Construction Materials Block Foundation Details Concrete Perimeter Lot Features Item1to5 Acres Roof Flat Tar Gravel

Interior Features

Basement YN No Flooring Concrete

Property Features

Parking Total 0 Property Sub Type Commercial Tax Annual Amount 857.7 Tax Year 2022

Listing information © 2024 Golden Isles Association of Realtors MLS
Listing provided courtesy of Michael Giery of BHHS Hodnett Cooper Real Estate: 912-638-5450.


© 2024 Golden Isles Association of Realtors MLS. All rights reserved. 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 the MLS or Coastal Georgia Living LLC. Data last updated: 2024-07-16T10:03:33.38.
 
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Coastal Georgia Living LLC
1607 Frederica Road, Suite 201
Saint Simons Island GA, 31522