Savannah, GA 31401,36 Martin Luther King BLVD
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Savannah, GA 31401,36 Martin Luther King BLVD,Video Tour
Savannah, GA 31401,36 Martin Luther King BLVD
Savannah, GA 31401,36 Martin Luther King BLVD
Savannah, GA 31401,36 Martin Luther King BLVD
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$ 7,500,000
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Price Dropped by $1.0M

36 Martin Luther King BLVD Savannah, GA 31401

10,215 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 10,215 sqft

Price per Sqft $734

MLS Listing ID 319612

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 Hotel/Motel

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

Furnishings Furnished

Fireplace No

Appliance Electric Water Heater

Exterior

Exterior Feature Other

Water Access Desc Public

Present Use Hotel/Motel,Retail

Building

Story 4

Sewer Public Sewer

Water Public

Others

Tax ID 2001616005

Ownership Investor

Security Features Fire Alarm

Acceptable Financing ARM, Cash, 1031 Exchange

Listing Terms ARM, Cash, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=BLtBb82MsTK&mls=1


Listed by DAI Commercial Realty LLC
agent-avatar

"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 BLVD