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3 Martin Luther King Jr Blvd 17,784 SF Retail Building Savannah, GA 31401 For Sale
Investment Highlights
- Multiple Uses, Residential,Hotel,Restaurant/Bar, etc.
- Across from JW Marriott /Plant Riverside & Alida Hotels
- Approved for 2 additional Floors & a 100-Room Hotel
Executive Summary
Located on high traffic and vibrant "Plant Riverside District" on the western end of River St. Positioned for redevelopment, approved for 2 additional stories and approved plans for a 100 Room Hotel. The sale includes 512 Indian St., a .18ac adjancent lot. The Central Business District Zoning allows for multiple uses. Located across the street from the JW Marriot Hotel & the Alida Hotel it benifits from heavy foot traffic. Perfect for an Event Center, multiple retail uses, Hospitality or Residences.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,784 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
D-CBD - Central Business District
Parking
25 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2000307001A | Improvements Assessment | $500,120 |
| Land Assessment | $320,120 | Total Assessment | $820,240 |
Property Taxes
Parcel Number
2000307001A
Land Assessment
$320,120
Improvements Assessment
$500,120
Total Assessment
$820,240
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3 Martin Luther King Jr Blvd
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