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.
Active
$8,500,000
36 Martin Luther King Jr Blvd, Savannah, GA 31401
18beds
10,215sqft
Est.:
Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$832/sqft
$-- HOA
What's special
Apartment hotelGround-floor restaurant
- 253 days
- on Zillow |
- 1,137 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: December 22, 2024 at 09:05am
Listed by:
Brett Strickland 912-547-2812,
DAI Commercial Realty LLC
Source: Savannah Multi-List Corp,MLS#: 319786
Originating MLS: Savannah Multi-List Corporation

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 18
- Full bathrooms: 18
Heating
- Electric, Zoned
Cooling
- Electric, Zoned
Appliances
- Included: Tankless Water Heater
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 10,215 sqft
Video & virtual tour
Property
Lot
- Size: 2,744.28 Square Feet
- Dimensions: 45 x 60.5
Details
- Parcel number: 2001616005
- Zoning: BC1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
HOA
- Has HOA: No
Location
- Region: Savannah
Financial & listing details
- Price per square foot: $832/sqft
- Tax assessed value: $3,105,400
- Annual tax amount: $16,303
- Date on market: 9/16/2024
- Listing terms: ARM,Cash,1031 Exchange
- Ownership: Investor
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