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4 Proctor St Statesboro, GA 30458

For Sale
$1,945,000

Downtown mixed-use investment opportunity

Property size:
14,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional 2.64-acre property in downtown Statesboro offers 14,000 square feet of versatile commercial space, ideal for redevelopment or multiple tenants. Located near key businesses and city amenities, this multi-parcel site boasts over 31,000 square feet under roof, including a former grocery store with impressive 100' x 80' open spans and expansive window lines. The property features over 100 parking spaces, loading docks, drive-in doors accommodating tractor-trailers, and 14-16 foot ceiling heights. Its flexible layout has accommodated various uses, including retail, industrial, and office spaces. Two adjacent buildable lots offer additional development potential. A substantial portion of the property has a newer roof, and the former bar area is sprinklered. The property's prime location in a designated Opportunity Zone may qualify for significant Federal and State tax incentives, with additional incentives potentially available from the City of Statesboro and the Downtown Statesboro Development Authority. The property's configuration allows for single or multiple occupancy, with potential for redevelopment into a large apartment complex (subject to city approval). Individual portions of the property are also available for sale. This presents a tremendous opportunity given Statesboro's explosive growth fueled by the new Hyundai Manufacturing Plant. Space dimensions are available upon request.

Property Features for 4 Proctor St

General Information

Property type
Other commercial real estate
Square Feet
14,000 SF
Lot Size
114,998 SF

Building Details

Year Built
1940

Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Perfect Image Barber Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Statesboro
County
Bulloch
State
Georgia
Longitude
-81.7851
Latitude
32.45043

FAQs

What type of property is this?
Commercial real estate - Downtown mixed-use investment opportunity
Where is this commercial real estate located?
The property is located at 4 Proctor St Statesboro, GA.
What is the asking price?
The asking price for this property is $1,945,000.
More about this property
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