Retail Units on Historic Broughton Street Savannah, GA

Property Location MAP

322 W Broughton St
Savannah, GA 31401

Property #: DG1392

Contact Agent

Jon Barber, CAI
Tranzon Driggers

352-812-2093 jbarber@tranzon.com

Retail Units on Historic Broughton Street, Savannah, GA

  • Will Sell Regardless of Price, Subject to Bankruptcy Court Approval
  • Nestled on the renowned Broughton Street, an iconic shopping destination in Savannah
  • Totaling 16,290± sf, offering significant rental income potential
  • Occupying the ground floor of three distinguished buildings, currently configured as 5 units
  • Boasting a prominent 181± feet of frontage along the city's most coveted retail thoroughfare
  • Featuring a spacious corner unit at Montgomery St, providing exceptional visibility
  • Nearby national retailers include Lululemon, Urban Outfitters, H&M, Banana Republic, Anthropologie, and more
  • Positioned in a prime locale with bustling foot traffic and is on route of trolleys, tours, and shuttles
  • Savannah, drawing in approximately 17± million visitors annually, presents an unparalleled opportunity for economic success
  • visitsavannah.com/2023-review
  • County: Chatham, Tax ID: 20016 15012

Tranzon Driggers, Soldnow, LLC, Jon K. Barber, GA RE Lic# 358412, AU004124 | 10% Buyer's Premium | Case 8:22-bk-01431-CPM

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jon Barber, CAI

Jon Barber, CAI: Tranzon Driggers

352-812-2093 jbarber@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: The closing will be held within 30 days of the online auction event, or within 10 days of a court order approving the sale, whichever is later, sold in As-Is condition, no contingencies.
  • Deposit Amount: $25,000.00 cashier’s check, wire transfer or irrevocable ACH through Earnnest payable to Tranzon Driggers Escrow Account. Balance of 10% deposit due via wire transfer to closing agent within 24 hours of being deemed the highest and best bidder.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

In order to participate in the online auction for the property listed above you must complete the following steps:

1. Download and fully complete the Bidder Registration Package available at CLICK TO DOWNLOAD

2. Submit the Registration Package and Proof of Funds, if requested by Debtor, to Tranzon Driggers using any of the following:
    Email: soldnow@tranzon.com  
 
    Mail: 101 E. Silver Springs Blvd., Ste. 206, Ocala, FL 34470
    
    Fax: 352-369-9295

3. After your completed Bidder Certification Form and Proof of Funds, if requested by Debtor, is received by Tranzon Driggers, an associate will contact you to make arrangements for you to submit your required Bid Deposit in the amount of $25,000.00 to Tranzon Driggers Escrow Account via cashier’s check, wire transfer, or through Earnnest. The Bidder Certification Form, Bid Deposit and Proof of Funds must be received by Tranzon Driggers no later than 5 pm ET, April 23, 2024.

4. After you have satisfied all registration requirements, you will be authorized to bid in the online auction and will receive an email confirmation.

If you have any questions regarding the registration process, please call 877-374-4437.

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