Springfield Mixed Use Building

807 S Laurel Springfield, GA 31329

807 S Laurel, Springfield, GA, 31329
807 S Laurel, Springfield, GA, 31329
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$390,000
Last Verified:
Jan 28, 2021

Highlights

  • Fully Leased
  • Tenant and Customer parking
  • Highly desirable location
  • Springfield is experiencing UNPRECEDENTED growth

Description

Mixed use building with retail, office and a small warehouse on the back. Building consists of a laundromat in the front followed by a hair salon and three suites divided into executive office space. Each space rents individually and market rents are $450 per office with the landlord covering utilities. The laundromat pays the water bill for the entire property and the electric for the salon. Landlord pays the electric for the back-office spaces only, grounds upkeep and some janitorial. The rear of the property is fenced in and contains a small warehouse that is leased to the Tenant in B-1. The previous owner currently leases 3 units at a reduced below market rate which was part of the last sale. Landstar is vacating February 2021, which will allow the Landlord to collect at market value..

Experience the growth explosion in Springfield and Effingham County! Effingham County is a bedroom community to Savannah and has experienced unprecedented growth due to great schools, massive Port of Savannah expansion and low property taxes. Property is located on Laurel Street in Downtown Springfield with close access to Highway 21, I-95, I-16 and GA Ports.


Year Built: 1985
Building Size: 4160sq ft
Building Class: B
Lot Size: 0.5 acres

Map of 807 S Laurel, Springfield, GA, 31329

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