$6,950,000

1111 Butler Avenue

Tybee Island GA, 31328

Description

Situated in a high visibility/traffic area, Tybee Market is the only grocery store on the island. Established in 1926 the Market has grown and thrived throughout the years, in part to its prime location. Property improved with a 10,989 SF market. The listing also includes 1109 Lovell Ave. consisting of a 0.11 acre lot, located adjacent to/utilized by the grocery store. Additionally, the portfolio includes the following adjoining/adjacent parcels, which can be purchased for an additional price: 1106 Lovell Ave. contiguous with the market parcel and consists of 0.11 acres improved with a 1,432 SF cottage, currently utilized as a vacation rental (List Price $500,000). 0 Butler Ave. a 0.11 acre vacant developable lot, situated adjoining to the east of the vacation rental property (List Price $300,000). 1104 Lovell Ave. a 0.11 acre developable lot situated adjacent to the north of the vacation rental property (List Price $175,000).

Details

MLS#204566
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1994
Days On Site297

Features

SQ Feet10,989
Story(s)1

Market Activity 31328

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Area Information

StateGA
CountyChatham County
CityTybee Island
Zip Code31328
AreaChatham County
Listing VS Median (in 31328)
Price:
$6,950,000
low | high
Med:
$447,000
100% of Average
SqFt:
10,989
low | high
Med:
1,056
100% of Average
$ / SqFt:
$632
low | high
Med:
$423
83.07059352518% of Average
On Site:
297
low | high
Med:
110
100% of Average
Listing Updated: 01/17/2020
MLS Number: 204566
Listing Provided By:
DAVID MINKOVITZ  of  Cora Bett Thomas Realty