1902 Demere Road St. Simons, GA 31522
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!
property details
Interior Features
Exterior Features
Utility & Building Info
None
Price History
date | event | price | source |
---|---|---|---|
04/10/2024
04/10/2024
|
Active |
$1,250,000
|
Georgia Area MLS (GAMLS) |
Market Trends
Source: LiveBy