1902 Demere RD Active Save Request In-Person Tour Request Virtual Tour
St Simons Island,GA 31522
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Recorded Subdivision
MLS Listing ID 1645901
HOA Y/N No
Annual Tax Amount $857
Tax Year 2022
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Commercial
Property Description
Commercial opportunity on Saint Simons Island. This unique property boasts approximately 6,000sqft of warehouse space plus additional land for development. Land is leased through Glynn County Development Authority/ Airport Commission with 17 years left on the current lease plus two 5 year extension options. There is a current sub lease in place with a tenant. This offering is for the building and an assignment of both the Development Authority lease and the tenant lease. Assignment of lease, proposed development and ground lease rate subject to Airport Commission approval. Located off Demere Road near the South end of Saint Simons, this location is in close proximity to all Saint Simons has to offer. This type of commercial opportunity does not come up often!
Location
State GA
County Glynn
Area S1: South Ssi
Direction Driving from the Frederica Road/Demere Road roundabout, travel southeast on Demere Road .28 miles. Property will be on the left side of the road. Located directly next to Island Automotive.
Interior
Flooring Concrete
Fireplace No
Exterior
Roof Type Flat,Tar/Gravel
Building
Lot Description 1 to 5 Acres
Foundation Concrete Perimeter
Others
Tax ID 04-14755
Virtual Tour https://www.propertypanorama.com/instaview/golden_isles/1645901