133 Bay St Baxley, GA 31513-0470

Property Details for 133 Bay St

Year built

1979

Construction

STEEL FRAME

Lot size

2.31 lot acres

Property size

11,550 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

F003-083

APU

F003083

Description

This exceptional investment opportunity presents a 10-unit shopping center ideally situated on a substantial 2.31-acre lot in Baxley, Georgia. The property boasts a prime location with excellent visibility and accessibility, featuring 445 feet of road frontage on Luckie Street and 185 feet on Bay Street. Currently, eight of the ten units are leased, generating a robust monthly income of $12,256, translating to $147,072 annually. This consistent cash flow provides immediate return on investment, while the two vacant units offer significant potential for increased revenue. The total building area encompasses 32,444 square feet, providing ample space for a diverse range of retail tenants. The property's size and location within Baxley make it an attractive proposition for both seasoned investors seeking a stable income stream and newcomers looking to enter the commercial real estate market. The substantial lot size also allows for future expansion or redevelopment possibilities, further enhancing its long-term value. This is a rare chance to acquire a well-established, income-producing property with considerable upside potential. The property is ready for immediate ownership and offers a compelling opportunity for significant financial returns.

Location Insight

City

Baxley

County

Appling

State

Georgia

Longitude

-82.3521

Latitude

31.7756

Property Tax & Assessments