Skip To Content

217 Marina Drive

St. Simons Island, GA 31522
  • $1,550,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 1633027
UPDATED: 47 min ago
$1,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Investment Opportunity, Single Tenant Net Lease, Office Condo approximately 6,500 SF located in Professional Office Park on Saint Simons Island adjacent to FJ Torras Causeway & Frederica Yacht Club. Listing consists of two units (217 & 225 Marina Drive) Second-floor space serviced with elevator, lots of windows & beautiful views of Frederica River. Long Term Tenant in insurance industry with 7 years remaining on initial term, 6% CAP rate with annual increases.

Monthly Payment Calculator



© 2022 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 | Engel & Völkers Golden Isles. Data last updated: 2022-05-17T10:03:28.27.
www.coastalgaliving.com/homes/127508436
Print Image

217 Marina Drive St. Simons Island, GA 31522

  • Price: $1,550,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 47 min ago
  • MLS #: 1633027
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Golden Isles Marina Commerical Condominiums
County:
Glynn
Area:
S1: South Ssi
Property Description
Investment Opportunity, Single Tenant Net Lease, Office Condo approximately 6,500 SF located in Professional Office Park on Saint Simons Island adjacent to FJ Torras Causeway & Frederica Yacht Club. Listing consists of two units (217 & 225 Marina Drive) Second-floor space serviced with elevator, lots of windows & beautiful views of Frederica River. Long Term Tenant in insurance industry with 7 years remaining on initial term, 6% CAP rate with annual increases.
Property Features

Parking Total 70 Property Sub Type Commercial Tax Annual Amount 2172 Tax Year 2021

Listing information © 2022 Golden Isles Association of Realtors MLS
Listing provided courtesy of Michael Giery of Bhhs Hodnett Cooper Real Estate.


© 2022 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 | Engel & Völkers Golden Isles. Data last updated: 2022-05-17T10:03:28.27.
 
https://bt-photos.global.ssl.fastly.net/goldenisles/orig_boomver_1_1633027-2.jpg https://bt-photos.global.ssl.fastly.net/goldenisles/orig_boomver_1_1633027-2.jpg https://bt-photos.global.ssl.fastly.net/goldenisles/orig_boomver_1_1633027-2.jpg
Logo
Coastal Georgia Living | Engel & Völkers Golden Isles
100 Redfern Village
Saint Simons Island GA, 31522