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  • 0.75 ACRES
  • - Commercial For Sale

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Description for 599 Beachview Dr MLS# 8402666

Outstanding investment opportunity for operator of koutique hotels/ Inns or 1031 Exchange. This 15 year old property is located in the heart of the historic St. Simons Island Village directly across from the Village Lighthouse and history center. With 37 rooms and suites with top floor views across the village green to the Atlantic Ocean. The property has incredible upside earnings potential for the right owner/operator.

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • Year Built
    2004
  • County
    Glynn
  • Approx. Lot Size
    1/2 - 1 Acre
  • Approx. Acreage*
    0.75
  • Approx. Sq. Ft.*
    40000
  • Price
    $10,000,000
  • MLS #
    8402666

Additional Details

Accessibility
32" Doors,Bath Access Wheelchair,Elevator Acc Wheelchair,Low Kitchen Counters,Low Switches,Stepless Entry,Wide Hall
Business Type
Historical,Hotel/Motel,Recreation/Resort
Cooling CM
Central A/C
Current Zoning
COMM
Industrial Features
Fixtures/Furniture,Hydrants,Industrial Outside Storag,Partially Fenced,Public Transportation,Security System,Semi Turning Available
New Construction
Block,Brick
Parking CM
Covered Parking,Lot Security,Paved Lot
Property Setting
Ocean/Gulf
Sale Includes
Building & Land,Building/Business/Land,Equipment
Special Conditions
Historic,Investor Owned
SQFT Source
Public Record
Square Footage
20000-50000
Total Buildings
1
Total Finished Area
40000
Total Parking
30
Price Per Sq Ft
250
Tax Year
2016
Taxes
20344
Roof Type
Metal/Steel,Tile

Lot

Acreage
0.75
Acreage Source
Owner/Seller
Frontage Type
County/City Road,Pavement
Lot Size
1/2 - 1 Acre
Road Frontage
150
Energy Related
Certified Good Cents,Insulation-ceiling
Heating Source
Electric
Heating Type
Space Heater
Utilities Available
Cable Tv,Electricity,High Speed Internet,Sewer Available,Telephone,Water
Complex Name
Ocean Inn Suites

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Market Research


 

Saint Simons Island Commercial Values

Average List Price:
$10,000,000
Average Price per SQFT:
$250
Average Days on Market:
28
Number of Properties for Sale:
59
Vs.

This Property

List Price:
$10,000,000
Approx. Price per SQFT:
$250.00 / sqft
Days on Website:
28(Jun 20, 2018)

Pricing Considerations

List Price:
$10,000,000
Price per SQFT:
$250.00 / sqft (based on 40000 approximate square feet)

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<span><img src="https://static.crye-leike.com/clw3/images/idx/idx_georgiamls.gif" alt="" align="left">The data related to real estate for sale on this website comes in part from the Broker Reciprocity Program of Georgia MLS. Real Estate listings held by brokerage firms other than Crye-Leike, REALTORS® are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright © 2018 Georgia MLS. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.</span>