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5112 Paulsen Street - 5112 Paulsen Street, Savannah, GA

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5112 Paulsen Street - 5112 Paulsen Street

Savannah, GA 31405 - Greater Savannah Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1985
Stories:2 Typical Floor:3,573 SF Building Size:7,200 SF
For Sale Price:$694,512 Price/SF:$96.46
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 2.9/1,000 SF Amenities:24 Hour Availability, Bus Line, Signage

Sale Notes:
PRICE REDUCTION - 5112 Paulsen Street-FOR SALE

***** PRICE REDUCTION ***** Total asking price for BOTH Building and site and adjacent lots is $849,000 reduced from $895,000 (Selling only as a package) Allocated price for the building and site is $96.46 per square foot (does not include the two lots that are part of the offering for a total of $849,000).

This property has a +-7,146 SF, 2-story building that sits on a 12,600 SF lot. There are also two additional lots adjacent that are included in the sale and are 4,200 SF each. These are currently grassed and maintained and have been used a a parking area. The total lot area for sale is 21,000 SF. The building currently has two tenants on the ground floor, each with 1 year remaining on the initial term of their lease. This property is very well suited for a redevelopment, purchase by an investor or purchase and occupancy by an owner/user wishing to have a building with other tenants and additional income.

Interior and exterior renovations completed in the past five years including a full roof re-coating in the past few years.

**** PRICE REDUCTION **** This property is located in the heart of the Medical Arts district of Savannah between the two major hospitals (Memorial Hospital and St. Joseph's Candler) and adjacent to Landmark Hospital (non-emergency chronic care facility). Easy access to I-516, Truman Parkway, Abercorn Street and Downtown.

PIER Commercial Real Estate Brokerage, LLC
Ryan T Schneider
(912) 353-7707 x1

Anthony Wagner
(912) 353-7707 x3

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