This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

1111 Butler Ave
Tybee Island, GA 31328

IGA · Retail Property For Sale

Investment Highlights

  • Established Business
  • Multiple developable parcels
  • High Visibility

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
10,989 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
0.78 AC
Zoning
R2B - Neighborhood Store
Parking
36 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
160 FT on Butler Avenue

Amenities

  • Security System
  • Signage
  • Air Conditioning

About 1111 Butler Ave , Tybee Island, GA 31328

CBT Commercial proudly presents for sale, the Tybee Market IGA. Tybee Market is situated in a high visibility / traffic area and is the only grocery store in operation on the island. Established in 1926 the Tybee Market has grown, expanded and thrived throughout the years, in part due to the prime location of the market. The market is situated on parcel 4-006-19-018 and consists of 0.67 acres and is improved with a 10,989 SF market. The purchase of 1111 Butler also includes 1109 Lovell Avenue which consists of an approximate 0.11 acre lot, located adjacent to, and utilized by the grocery store. Additionally, the portfolio also includes the following adjoining/adjacent parcels which can also be purchased separately for an additional price: 1106 Lovell Avenue is contiguous with the market parcel and consists of 0.11 acres and is improved with a 1,432 SF cottage that is currently utilized as a profitable vacation rental (List Price $500,000). 0 Butler Avenue is a 0.11 acre vacant lot that can be developed, and is situated adjoining to the east of the vacation rental property (List Price $300,000). 1104 Lovell Avenue is a 0.11 acre lot that can also be developed and is situated adjacent to the north of the vacation rental property (List Price $175,000). Each of these additional properties can also be found on MLS. Financials available with the signing on a Non-Disclosure Agreement

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4000619018
Land Assessment
$448,520
Improvements Assessment
$230,520
Total Assessment
$679,040
  • Listing ID: 14131685

  • Date on Market: 10/19/2018

  • Last Updated:

  • Address: 1111 Butler Ave, Tybee Island, GA 31328

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}