507 Laurel Street Springfield, GA ^$ 464,900

507 Laurel Street

^$ 464,900

Back to search

507 Laurel Street

Springfield, GA, 31329

^$ 464,900

Studio Baths0.4 Sq 2,159

Monthly Estimate*

^$ 3,247

507 Laurel Street, Springfield, GA 31329 - Image 1

507 Laurel Street, Springfield, GA 31329 - Image 2

507 Laurel Street, Springfield, GA 31329 - Image 3

507 Laurel Street, Springfield, GA 31329 - Image 4

507 Laurel Street, Springfield, GA 31329 - Image 5

507 Laurel Street, Springfield, GA 31329 - Image 6

507 Laurel Street, Springfield, GA 31329 - Image 7

507 Laurel Street, Springfield, GA 31329 - Image 8

507 Laurel Street, Springfield, GA 31329 - Image 9

507 Laurel Street, Springfield, GA 31329 - Image 10

507 Laurel Street, Springfield, GA 31329 - Image 11

507 Laurel Street, Springfield, GA 31329 - Image 12

507 Laurel Street, Springfield, GA 31329 - Image 13

507 Laurel Street, Springfield, GA 31329 - Image 14

507 Laurel Street, Springfield, GA 31329 - Image 15

507 Laurel Street, Springfield, GA 31329 - Image 16

507 Laurel Street, Springfield, GA 31329 - Image 17

507 Laurel Street, Springfield, GA 31329 - Image 18

507 Laurel Street, Springfield, GA 31329 - Image 19

507 Laurel Street, Springfield, GA 31329 - Image 20

507 Laurel Street, Springfield, GA 31329 - Image 21

507 Laurel Street, Springfield, GA 31329 - Image 22

507 Laurel Street, Springfield, GA 31329 - Image 23

507 Laurel Street, Springfield, GA 31329 - Image 24

507 Laurel Street, Springfield, GA 31329 - Image 25

507 Laurel Street, Springfield, GA 31329 - Image 26

507 Laurel Street, Springfield, GA 31329 - Image 27

507 Laurel Street, Springfield, GA 31329 - Image 28

507 Laurel Street, Springfield, GA 31329 - Image 29

507 Laurel Street, Springfield, GA 31329 - Image 30

507 Laurel Street, Springfield, GA 31329 - Image 31

507 Laurel Street, Springfield, GA 31329 - Image 32

View a Virtual Tour

Studio

Commercial Property for sale in Springfield, GA

for $464,900 with 4 half baths. This 2,159 square foot building was built in 1944 on a lot size of 0.09.

Calling all investors! 507 N Laurel St in Springfield is up for grabs! This completely renovated building in downtown Springfield offers endless possibilities. The property currently exists as two units, potentially becoming four units - each with a half bath. The building features AC units and breaker panels that vary per unit, with street frontage on Laurel St and Jefferson St. Recent traffic data suggests that there is heavy foot traffic in the area, and the building is only in need of minor customizations to make it ready for its new use. Downtown Springfield has numerous businesses of varying types, making it an excellent location for any retail or office space. This property's permitted zoning is B-2, and it is currently occupied by two different tenants. This property would be a great asset to any portfolio. Pictures are from before tenants occupied the space.

Commercial Active

Price

^$ 464,900

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.09

Year Built

1944

Town/City

Springfield

County/Region

Effingham

MLS | Web ID

305878

Features

General

Sewer PublicSewer

Heating Central Electric WindowUnit

Cooling CentralAir Electric WindowUnits

Utilities CableAvailable

Possession CloseOfEscrow

Roof Asphalt

Appliances ElectricWaterHeater TanklessWaterHeater

Exterior Features Fence

Zoning B-2

Architectural Style Traditional

Security Features None

Construction Materials Brick

Year Built 1944

Topography Level

Property SubType Office

Current Use Other

Percent Ownership Homeowner/Owner

Community Features Curbs StreetLights Sidewalks

County Effingham County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Energy Efficient Insulation Windows

Garage Y/N N

Building Features PrivateRestrooms

Special Listing Conditions Standard

Status Active

Directions From Rincon take Hwy 21 N to Springfield. Turn right onto Laurel Street. Continue through downtown past Madison Street. Building on the right at corner of Laurel St and Jefferson St.

City Springfield

Buyer Agent Compensation 2.4%

View Y/N N

Senior Community Y/N N

Zoning Description Commercial

Lot Size Square Feet 3920.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Laurel

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/sav/305878

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Office

Expected Active Date 2024-02-29

Legal Description PORT LT 1 BLK 24

Interior

Flooring CeramicTile

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features DoublePaneWindows

Fireplace Y/N N

Half Baths 4

Street Suffix Street

Electric On Property Y/N N

Total Baths 4

Exterior

Lot Features Level

Water Source Public

Lot Size Area 0.09

Foundation Details Slab

Spa N

Lot Size Acres 0.09

Road Surface Type Asphalt

Lot Size Units Acres

Number of Separate Water Meters 1

Number of Separate Electric Meters 3

Crops Included Y/N N

Road Responsibility PublicMaintainedRoad

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 507

* Excluded Features

List By

Sherman & Hemstreet Southern G

Broker

michelleedwardsrealtor@gmail.com

Affordability Calculator

$3,247

Per Month

Monthly Principal & Interest: $3,247
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Springfield, GA

Average List Price ^$486,709

Percent of Sale Price 5%

About Springfield, GA

3,112 Population

90% Since 2002

^$56,060 Median Income

34.73 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

298105 Elementary School

298323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/29/2024	$464,900		Listed Price

Map

More homes like this one

homes for you

See all

507 Laurel Street, Springfield, GA, 31329 is a Commercial Property for sale at $464,900 with 2,159 sqft and a lot size of 0.09. 507 Laurel Street is a studio with 0.4 baths and was built in 1944. The property's zip code is 31329 which is in Springfield, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

507 Laurel Street

Commercial Property for sale in Springfield, GA

Affordability Calculator

Map

More homes like this one

Get more info about this home