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Property profile

200 Osborne St Saint Marys, GA 31558

OFF-MARKET
Commercial real estate
Property ID
US22-2228298
3,960 SF 0.46 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property in historic St. Marys, Georgia, presents a unique investment opportunity. The 3,968 square foot building, constructed in 1965 and renovated in 2010, sits on a 0.8-acre lot zoned C4. The single-story structure features two units, currently housing a thriving Yankee Pie Apizza restaurant and a space prepped for a salon/spa. The building boasts a large parking lot, a key advantage in the downtown area. Its prime location is within 0.3 miles of the city boat marina, the historic waterfront park, and Cumberland Island Ferry docks, capitalizing on the significant tourist traffic drawn to this waterfront community. The property's proximity to Kings Bay Submarine Base, Cumberland Harbor, Osprey Cove golf course, and the annual Seafood Festival further enhances its appeal. The sale price of $999,999 includes the building and land. Separate purchase options exist to acquire the established Yankee Pie Apizza business, including all equipment, a food truck, and a trailer, for an additional cost. A second option includes both the Yankee Pie Apizza and Headlines Salon businesses, with all equipment, for a higher price. These turnkey operations offer immediate income potential, or the new owner can lease the spaces to tenants. This property offers a blend of established business and flexible space, making it ideal for investors seeking a strong return in a vibrant waterfront community. The property's size, location, and existing businesses create a compelling opportunity for significant growth and profitability.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 3,960 SF
Lot 0.46 ac (20,038 SF)
Zoning code C-1
APN S41 05 002
UPID US22-2228298

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$480k

Owner & transaction history

since 2025
Last sale
$800,000
7 recorded transactions
2025
$800,000
2024
Price N/A
2024
Price N/A
2023
Price N/A
2022
$434,430
2022
Price N/A
2016
Price N/A

Zoning & alternative use

C-1 · Saint Marys, GA
Zoning description

District is intended to protect and promote suitable areas for business and commercial uses which benefit from proximity to each other

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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