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  • $8,500,000

    36 Martin Luther King Jr Blvd, Savannah, GA 31401

    18beds
    10,215sqft
    : 
    Multi Family
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $832/sqft
    $-- HOA

    What's special

    Apartment hotelGround-floor restaurant
    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.
    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#: 319786MLS LogoOriginating MLS: Savannah Multi-List Corporation
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 36 Martin Luther King Jr Blvd.

    Next available tour time:Today at 5:30pm

    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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