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36 Martin Luther King Jr Boulevard

Savannah, GA 31401

18 beds
18 baths
10,215 sqft
2,744 sqft lot
$832 per sqft
1870 build

Located in Savannah's Historic Landmark District, 36 MLK is a prime mixed-use investment opportunity. This +/- 10,215 SF building features a ground-floor restaurant on a NNN lease, and 12 short-term rental units operating as an Apartment Hotel. The asset benefits from Savannah’s strong tourism market, high foot traffic, and its prime location near major attractions, presenting an excellent opportunity for growth and stable long-term income.

Listing courtesy of SMLC / DAI Commercial Realty LLC

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# 319786 —

The Building

Year Built:

1870
Construction Materials:

Brick
Stories Total:

2
Common Walls:

TwoCommonWallsOrMore

Room Dimensions

Living Area:

10,215 Sqft
Living Area Source:

Assessor

Location

Directions:

North on MLK. Right on Congress. Building is on the corner of Congress and MLK.

The Property

Property Type:

ResidentialIncome
Property Subtype:

MultiFamily
Property Attached:

true
Parcel Number:

2001616005
Zoning:

BC1
Lot Size Area:

0.063
Lot Size Acres:

0.063
Lot Size SqFt:

2744.0
Lot Size Dimensions:

45 X 60.5
Lot Size Units:

Acres
Waterfront:

false
Water Source:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

16303.0
Tax Lot:

32
Tax Legal Description:

N 45FT OF LT 32 & PT OF LT 31 FRANKLIN WARD

Beds

Bedrooms Total:

18

Baths

Full Baths:

18
Total Baths:

18

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/sav/319786
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Electric,Zoned
Heating:

true
Cooling:

Electric,Zoned
Cooling:

true

Utilities

Utilities:

UndergroundUtilities
Sewer:

PublicSewer

Appliances

Appliances:

TanklessWaterHeater

The Community

Association:

false

Explore the Area

My Commute

From

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/22/24 Nov 22, 2024	Listed / Active	SMLC	$8,500,000

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This multifamily located in Downtown Savannah, Savannah, GA 31401 is currently for sale for $8,500,000. 36 Martin Luther King Jr Boulevard is a 10,215 square foot multifamily with 18 beds and 18 baths. 36 Martin Luther King Jr Boulevard is in the Downtown Savannah neighborhood of Savannah. This multifamily is in the attendance area of Otis J. Brock, Iii Elementary School, Mercer Middle School, and Groves High School.

Listing Courtesy of: SMLC and DAI Commercial Realty LLC.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than Estately are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Savannah Multi-List Corporation. All rights reserved. Estately does not display the entire SMLC Internet Data Exchange database on this web site.