918 E Broad St - 918 East Broad Street

0.443 Acres (Reference is made to Plat Record Book 48P; Folio 165 as maintained in the records of the Superior Court of Chatham County). A copy of said plat is included as an exhibit herewithin. With reference to the aforementioned plat of survey, it appears the southern boundary fronts approximately 166.56 lineal feet along the northside of the westbound lane of East Waldburg Street being a 60' wide neighborhood secondary east-west arterial, a western boundary of approximately 115.50 lineal feet along the eastside of a northbound lane of East Broad Street, being a 50' wide one way eastbound directional arterial, a northern boundary 167.64 lineal feet along the southside of East Bolton Street Lane, a 20' wide City of Savannah service lane, and an eastern boundary of 115.50 lineal feet along the western boundary of Lot 64A, Schley Ward. In the current, the primary means of vehicular access exists via two curb cuts intersecting the asset along its southern boundary as it fronts along East Waldburg Street. The property is improved with a former detached office building, a steel frame metal shed and perimeter cyclone fencing, none of which are considered to contribute to value. The subject site is available to the municipal services of potable water, sanitary sewer, trash removal and police and fire protection. Public utilities include but are not limited to Georgia Power and varying natural gas providers. A Georgia Power Company underground easement traverses at points approximating the southwest corner and southern boundary. With reference to FIRM Panel 13051C0154F, the subject is located in Zone X; which are those zones considered to be outside of the confines of Special Flood Hazard areas. The subject is zoned Traditional Commercial -2 (TC-2) by the City of Savannah. By definition the purpose of the TC-2 district shall to ensure the vibrancy of historic mixed use neighborhoods with traditional development patterns characteristic of Savannah during the streetcar and early automobile eras. The intent of the district is to encourage the creation of commercial corridors along higher classifications of streets that traverse historic neighborhoods.