302 Laurel Street - Storefront Retail/Office FOR SALE


Springfield, GA 31329
$1,650,000 USD
843-301-2900
302 Laurel Street, Springfield, GA for Sale
$1,650,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 7.1% Cap Rate

Dec '25


302 Laurel Street
Springfield, GA 31329


HIGHLIGHTS

  • Located in Rapidly Growing Downtown Springfield in the Heart of Effingham County
  • Fully Occupied: 2 commercial tenants, 3 residential tenants
  • Offering high visibility and foot traffic, adjacent to large public parking and City Hall

OVERVIEW

Prime Downtown Springfield Mixed-Use Building for Sale Located in the heart of vibrant downtown Springfield, this 7,920 SF, two-story mixed-use building is a fantastic investment opportunity. Built in 2023, the property is fully occupied with a diverse tenant mix, offering both commercial and residential income streams. Financials available upon request. Key Property Features: Size: 7,920 SF, two-story building Year Built: 2023 Fully Occupied: 2 commercial tenants, 3 residential tenants Average rental rate $17 per square foot / per year Modified triple net with annual leases Location: Downtown Springfield, offering high visibility and foot traffic, adjacent to large public parking and City Hall Income: Est. Annual Gross Inc $132,600, Est. Annual Exp $15,495, Est. Annualized NOI $117,105

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7920 sf Fully Occupied Mixed Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B-2

APN/PARCEL ID

S1010-00000-011-000

ASK ABOUT THIS PROPERTY

Adrian WebberRealty CompaniesMore Info
843-301-2900

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Adrian WebberRealty CompaniesMore Info
843-301-2900

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