Cloister Island

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1902 Demere Road

No Recorded Subdivision, St Simons Island, GA

1902 Demere Road

St Simons Island, GA

$1,250,000

Listing #1645901

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Active

Commercial opportunity on Saint Simons Island. This unique property boasts approximately 6,000sqft of warehouse space plus additional land for development. Land is leased through Glynn County Development Authority/ Airport Commission with 17 years left on the current lease plus two 5 year extension options. There is a current sub lease in place with a tenant. This offering is for the building and an assignment of both the Development Authority lease and the tenant lease. Assignment of lease, proposed development and ground lease rate subject to Airport Commission approval. Located off Demere Road near the South end of Saint Simons, this location is in close proximity to all Saint Simons has to offer. This type of commercial opportunity does not come up often!

Exterior Details

ConstructionBlock
Lot DescriptionItem1to5Acres
Acres1.5

Golden Isles Multiple Listing Service

Listing Provided Courtesy Of: BHHS Hodnett Cooper Real Estate

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Data Last updated on May 5, 2024 8:06am