Listed by DAI Commercial Realty LLC
$7,500,000
36 Martin Luther King Blvd
Details
APN 20016 16005
Property Type Hospitality, Mixed Use
Sub Type Hotel, Restaurant
Square Footage 10,215
Units 12
Occupancy 100%
Lease Type NNN
Lease Term 5
Rent Bumps Yes
Lease Options Yes
Class C
Year Built 1870
Year Renovated 2019
Buildings 1
Stories 4
Zoning D-CBD
Investment Type Owner/User
Lease Commencement 12/16/2023
Occupancy Date 12/16/2023
About This Property
Marketing description
Located in Savannah's Historic Landmark District, 36 MLK is a prime mixed-use investment opportunity. This +/- 10,215 SF building features a ground-floor restaurant on a NNN lease, and 12 short-term rental units operating as an Apartment Hotel. The asset benefits from Savannah’s strong tourism market, high foot traffic, and its prime location near major attractions, presenting an excellent opportunity for growth and stable long-term income.
Listing Contacts
Listed by DAI Commercial Realty LLC
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