For Sale

4 Proctor Street, Statesboro, GA 30458

4 Proctor Street, Statesboro, GA 30458
  • $1,945,000
  • $1,945,000

Description

Amazing mixed use investment/redevelopment opportunity in downtown Statesboro! Located next door to the Statesboro Herald and Core Credit Union and walkable to all downtown dining, shops, City Hall and Courthouses. City bus line also serves the area. This former neighborhood shopping center fronts on three city streets and offers a unique mix of retail and industrial/flex space ranging from 2,550 sq. ft. up to 14,000 and units can be combined as needed. This large multi-parcel site is 6 parcels combined to provide approximately 2.64 acres and over 31,000 square feet under roof in the heart of Statesboro. Over 100 parking space with room for more. The flexibility this property offers makes it ideal for many business uses or redevelopment. Ideal for a rental venue, conference center, showroom etc. Property is equipped with loading docks and drive in doors with access for tractor trailers. 14-16 foot ceiling heights. Amazing open spans of 100′ X 80′ in the former grocery store space. Expansive glass window line for retail exposure and lots of natural light to the interior. Prior uses include an IGA grocery store, Sears, auto service, restaurant/bar, indoor golf, retail stores, restoration contractor with call center and office uses. Expansive parking area in front of the property along with additional parking and delivery access in the rear. Two additional adjacent buildable lots provide additional flexibility for parking or other development. Newer roof on a substantial portion of the property. The former bar space is sprinklered and could permit additional coverage to other areas. The configuration of the property allows multiple tenants/uses. Owner could occupy a portion of the property and rent the remainder or reconfigure for new development or develop a new concept on the property. Based on other recent area developments, this site could potentially have a new apartment complex with 225+ units and approximately 600 bedrooms with city approval. Individual portions of the property could be split and sold. Tremendous value to a new owner with the many flexible uses this property provides. The explosive growth in Statesboro and Bulloch County as a result of the new Hyundai Manufacturing Plant opens up even more possibilities for well positioned properties like this in Statesboro. Space dimensions are shown under photos and attached documents. Tours available for prequalified buyers. Site is in an Opportunity Zone and may qualify for Federal and State Tax Incentives. Additional incentives may be available from the City of Statesboro and the Downtown Statesboro Development Authority. Ask agent for further details.

Details

Property ID
10649500
Property Size
14000 Sqft
Land Area
2.64 Acres
Year Built
1940
MLS#
10371205
MLS Status
Active
Updated on October 3, 2024 at 12:42 am

Features

Additional details

  • List Office MLSID: SBPR01
  • List Agent MLSID: PROPPSNICK
  • List Date: 2024-08-22
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Tax Annual: 18853
  • Tax Year: 2023
  • County: Bulloch
  • Parking: Parking Lot,Paved
  • Water Source: Public
  • Lot Features: City Lot,Semi Turning Available
  • Bedroom Features: Delivery Dock,Delivery Door,Display Window(s),Shopping Center
  • Kitchen Features:
  • Master Bathroom Features:
  • Building Features:
  • Diningroom Features:

Address

  • Address 4 Proctor Street
  • City Statesboro
  • State/county GA
  • Zip/Postal Code 30458
  • Area The Statesboro Herald Center
  • Country United States

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

Victoria Willis
  • Victoria Willis
  • 4044258949
View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Victoria Willis
  • Victoria Willis