4 Old Hwy Savannah, GA 31328
- Specialty properties
- 4.40 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 4 Old Hwy
- Lot size
- 4.40 lot acres
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
This exceptional 4.4-acre marina in Chatham County, Georgia, presents a unique investment opportunity. Located at 4 Old Highway 80, Tybee Island, 31328, this full-service facility is the only one of its kind on the island. Boasting over 2,000 feet of floating docks, 68 dry slips, and ample fuel capacity (5,000 gallons each of diesel and marine fuel), the marina offers significant potential for expansion and increased revenue. The property includes a convenient one-bedroom, one-bathroom living space. Its strategic location, just 15 miles from Savannah and 17 miles from the Georgia Ports Authority, provides easy access to a large customer base. The navigable clearance under the Lazaretto Creek bridge is 46 feet at low tide and 38 feet at high tide. Previously home to a highly-rated seafood restaurant and market, the asking price has been reduced to $3,950,000, reflecting the removal of these businesses. The property is zoned for Maritime District use (APN: 4002401005) and currently hosts various rental services, including kayak and jet ski rentals. This is a rare chance to acquire a thriving coastal business with significant upside potential. The property is located in a prime location with excellent access to major transportation routes and a thriving tourism market. The existing infrastructure provides a solid foundation for future growth and development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -80.882
- Latitude
- 32.014
