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Commercial Property · For Sale

8 Ts Chu TER, Tybee Island Active

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Asking price
$1,380,000
Price / SF
$522.73
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
2,640 sq ft
Year built
1930
NOI
Tenancy
Building height
Building FAR
Lot size
0.13 acres
Zoning
Commercial
Frontage
Listing #
EN-1012
MLS #
10429780

Rare chance to acquire a commercially zoned, fully renovated historic STVR property comprising five units in a prime location steps away from Tybee's renowned "South End". This remarkable property is walking distance of restaurants, shopping, bars, the Tybee Pier, and beach access. Undergoing a comprehensive historic renovation in 2014 and new furnishings in 2021, this is a turnkey opportunity. Notable features include: ample parking, fully sprinkled interior, accessible ramp, durable metal roof, and newer HVAC units. Currently functioning as an active vacation rental, the building consists of four 1-bed/1-bath units and one 2-bed/1-bath unit. Each unit has access to a breezy covered porch and common areas including outdoor shower, grilling area and laundry room. Don't miss out on this amazing investment opportunity on Tybee Island!

Location

GAMLS
Listed by Scott Realty Professionals LLC
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10429780

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