$1,220,000
$1,400,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
302 S Laurel ST Springfield, GA 31329
10,018 Sqft Lot
Key Details
Sold Price $1,220,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SA331599
Sold Date 10/24/25
HOA Y/N No
Year Built 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Retail
Property Description
FIRM PRICE ADJUSTMENT: Prime Downtown Springfield Mixed-Use Building for Sale
Located in the heart of vibrant downtown Springfield, this 7,920 SF, two-story mixed-use building is a fantastic investment opportunity. Built in 2023, the property is fully occupied with a diverse tenant mix, offering both commercial and residential income streams. Additional financials available upon request.
Key Property Features:
Size: 7,920 SF, two-story building
Year Built: 2023
Fully Occupied: 2 commercial tenants, 3 residential tenants, average cost per square foot is $17, modified triple net with annual leases
Location: Downtown Springfield, offering high visibility and foot traffic, adjacent to large public parking and City Hall
Income: Est. Annual $132,600 / Est. Annual Exp $15,495 / Est. Annualized NOI $117,105
Additional interior pictures of the residential units can be found here taken before the units were occupied > https://www.apartments.com/302-s-laurel-st-springfield-ga-unit-1/1bezrv7/
Location
State GA
County Effingham
Community Curbs, Gutter(S), Street Lights, Sidewalks
Zoning C-3
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Fireplace No
Appliance Convection Oven, Dishwasher, Electric Water Heater, Refrigerator
Exterior
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Underground Utilities
Water Access Desc Public
Present Use Commercial,Residential,Retail,Service Business,Single Family
Total Parking Spaces 50
Building
Lot Description Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID S1070073
Ownership Builder
Security Features Security Lights
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Keller Williams Coastal Area P