15 15th St - Residential Income FOR SALE


Tybee Island, GA 31328
$3,000,000 USD
912-604-1197
15 15th St, Tybee Island, GA for Sale
$3,000,000 USD
Residential Income - FOR SALE
1/39
null | Request Cap Rate

15 15th St
Tybee Island, GA 31328


OVERVIEW

An exceptional commercial redevelopment opportunity in the heart of Tybee Island's tourism district, currently operating as an Airbnb/STVR/Vacation Rental. Offered at $3,000,000, the property includes completed civil engineering and development plans for a proposed 23-room boutique hotel, providing a significant head start for the next owner as they pursue final approvals. The property's generous site size and C-1 Commercial zoning present a rare opportunity in one of Tybee Island's most tightly held corridors, where developable commercial parcels of this scale are seldom available. Just steps from the beach, Tybee Pier, restaurants, shopping, and entertainment, the site is strategically positioned to capitalize on the island's strong year-round tourism market. Adjacent to the City of Tybee Island's public parking lot, the property offers a distinct development advantage with immediate access to abundant public parking, eliminating the need for a parking variance. While the existing concept is a boutique hotel, the site is equally well-suited for a destination restaurant, flagship retail, or mixed-use commercial project (subject to applicable approvals). Development plans and due diligence materials are available upon request.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,089 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C1

APN/PARCEL ID

4000803002

ASK ABOUT THIS PROPERTY

Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.