Fully Leased Medical Office Building - 6602 Waters Ave, Savannah, GA 31406
For Sale
For Sale
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Year Built
2005
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Total Building Size
19,960 RSF
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Overview
Investment Opportunity!
Asking: $5,075,000 for Office Building and $675,000 for ±0.19 AC Pad Site
6602 Waters Avenue sale includes a 19,960 square feet, two story, office building and adjacent ±0.19 acre pad site, allowing an 8,000 square foot building ready to be developed.
The property is located in midtown Savannah off Waters Avenue near the Stephenson Avenue intersection.
There are two access points to the property; one directly off Waters Avenue and the second is off Waters via Cornell Avenue.
Though there is no commercial frontage to the building, the complex is marked by an entrance gate and large signage.
The building is currently leased to a medical office user. Neighboring uses include big box retail, medical office, multi-family and single family residential.
Property Details
Investment Opportunity!
Asking: $5,075,000 for Office Building and $675,000 for ±0.19 AC Pad Site
6602 Waters Avenue sale includes a 19,960 square feet, two story, office building and adjacent ±0.19 acre pad site, allowing an 8,000 square foot building ready to be developed.
The property is located in midtown Savannah off Waters Avenue near the Stephenson Avenue intersection.
There are two access points to the property; one directly off Waters Avenue and the second is off Waters via Cornell Avenue.
Though there is no commercial frontage to the building, the complex is marked by an entrance gate and large signage.
The building is currently leased to a medical office user. Neighboring uses include big box retail, medical office, multi-family and single family residential.
- Property TypeOffice
- Year Built2005
- Sale Price$4,750,000
- Total Building Size19,960RSF
- Total Acres0.46
- Cap Rate7.0%
- Number of Floors2
- Building ClassB
- Last updatedDec 26, 2023
- Property ID404834