GA > Savannah
Savannah, GA 31401,36 Martin Luther King Jr BLVD
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Savannah, GA 31401,36 Martin Luther King Jr BLVD
Savannah, GA 31401,36 Martin Luther King Jr BLVD
Savannah, GA 31401,36 Martin Luther King Jr BLVD
Savannah, GA 31401,36 Martin Luther King Jr BLVD
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Jasmine Kent

Jasmine Kent

+1(912) 257-9851
$ 7,500,000
Est. payment /mo
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Price Dropped by $1.0M

36 Martin Luther King Jr BLVD Savannah, GA 31401

18 Beds

18 Baths

10,215 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,215 sqft

Price per Sqft $734

MLS Listing ID 319786

Bedrooms 18

Full Baths 18

HOA Y/N No

Year Built 1870

Annual Tax Amount $16,303

Tax Year 2023

Lot Size 2,744 Sqft

Acres 0.063

Property Sub-Type Multi Family

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

Fireplace No

Appliance Tankless Water Heater

Exterior

Utilities Available Underground Utilities

Water Access Desc Public

Building

Story 2

Sewer Public Sewer

Water Public

Others

Tax ID 2001616005

Ownership Investor

Acceptable Financing ARM, Cash, 1031 Exchange

Listing Terms ARM, Cash, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/319786

Listed by DAI Commercial Realty LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(912) 257-9851

jasmine@jasmineckent.com

100 E Montgomery Cross Rd, Savannah, GA, 31406, USA

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36 Martin Luther King Jr BLVD