1902 Demere Road St. Simons, GA $ 1,250,000
1902 Demere Road
$ 1,250,000
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1902 Demere Road

St. Simons, GA, 31522
$ 1,250,000
Baths0.0 Sq 6,000

Monthly Estimate*

$ 8,732

1902 Demere Road, St. Simons, GA 31522 - Image 1
1902 Demere Road, St. Simons, GA 31522 - Image 2
1902 Demere Road, St. Simons, GA 31522 - Image 3
Studio Commercial Property for sale in St. Simons, GA for $1,250,000. This 6,000 square foot building was built in 1947 on a lot size of 1.5.

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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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 840

Style

Commercial,Warehouse

Lot Size

1.5

Year Built

1947

Town/City

St. Simons

County/Region

GLYNN

MLS | Web ID

10279459

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Cable Available Electricity Available Phone Available Sewer Available Underground Utilities Water Available
Construction Materials Concrete
Year Built 1947
Property SubType Commercial Warehouse
Tax Year 2023
County Glynn
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Delivery Dock Free Standing
Status Active
Directions Driving from the Frederica Road/Demere Road roundabout travel southeast on Demere Road .28 miles. Property will be on the left side of the road. Located directly next to Island Automotive.
City St. Simons
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 65340
Waterfront Y/N N
Carport Y/N N
Street Name Demere
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 840.43
Home Warranty Y/N N
Property Condition Resale
Structure Type Warehouse
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Other
Lot Features Business Park Interior Lot
Water Source Public
Lot Size Area 1.5
Number of Buildings 1
Spa N
Building Area Total 6000
Lot Size Acres 1.5
Lot Size Units Acres
Lot Size Source Public Records
Door Features Delivery Door
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Bhhs Hodnett Cooper Re

Broker

luke@hcrega.com

Email

Affordability Calculator

$8,802
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$70
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4136269 Elementary School
4136505 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,250,000 Listed Price

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1902 Demere Road, St. Simons, GA, 31522 is a Commercial Property for sale at $1,250,000 with 6,000 sqft and a lot size of 1.5. 1902 Demere Road is a studio with 0.0 baths and was built in 1947. The property's zip code is 31522 which is in St. Simons, GA