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$1,220,000
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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/
Full Property Details
Full Property Details for 302 S Laurel St
General
- Sold For: $1,220,000
- Status: Closed
- Type: Retail
- Source: 2253
- MLS ID: SA331599
- Added to Site: 26 day(s) ago
Rental Information
- Complex Features: Curbs, Gutter(s), Street Lights, Sidewalks
Interior
- Appliances: Convection Oven, Dishwasher, Electric Water Heater, Refrigerator
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Security Lights
Location
- County: Effingham
- Driving Directions: From Highway 21 turn onto Laurel Street. Drive 1 mile and building is on the left adjacent to the City Parking lot.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Construction: Brick, Stucco
- Common Walls: 2+ Common Walls
- Current Bldg. Use: Commercial, Residential, Retail, Service Business, Single Family
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Road Maintenance: Public Maintained Road
- Topography: Level
- Lot Features: Level
- Zoning: C-3
Financial Considerations
- For Sale: Yes
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Common Area Maintenance, Insurance, None, Taxes
Disclosures and Reports
- Ownership: Builder
- Special Conditions: Standard
- Legal Description: .226 AC
- Property ID: S1070073
Listed by Realty Companies, Adrian C. Webber
Sold by Keller Williams Coastal Area P, Taylor Lomprez
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Schools
Schools serving 302 S Laurel St
School District:Effingham County School District
| Name | Grades | Distance |
|---|---|---|
Springfield Elementary School 300 Old Dixie Highway South, Springfield, GA 31329 | PK-5 | 1.3 mi |
Effingham County Middle School 1659 Georgia 119, Guyton, GA 31312 | 6-8 | 3 mi |
Effingham County High School 1589 Georgia 119, Springfield, GA 31329 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 S Laurel St
Date
Details
Price
Change
Source
10/24/2025
Sold
$1,220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
302 S Laurel Street, Springfield, GA 31329 (MLS# SA331599) is a Retail property that was sold at $1,220,000 on October 24, 2025. Want to learn more about 302 S Laurel Street? Do you have questions about finding other Retail real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.
