1902 Demere Road, St Simons Island, GA

$900,000

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1.50

Acres

About 1902 Demere Road

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!

Features of 1902 Demere Road

MLS® # 1645901
Price $900,000
Acres 1.50
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 1902 Demere Road
Area S1: South SSI
Subdivision No Recorded Subdivision
City St Simons Island
County Glynn
State GA
Zip Code 31522

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Concrete
Fireplace No

Exterior

Lot Description ,,,
Roof Flat, Tar/Gravel
Construction Block
Foundation Concrete Perimeter

Additional Information

Date Listed April 8th, 2024
Days on Market 567

Listing Details

AgentMichael Giery
OfficeBHHS Hodnett Cooper Real Estate

Listing Map

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