|Previous Item||Next Item|
|May 24, 2018, City Council Regular Meeting|
8. Motion to Declare Property Located at 635 E. Broughton Street as Surplus and Available for Sale.
The City-owned property at located at 635 E Broughton Street (PIN 2-0005 -18-005) was acquired by the City in August 2008 for a purchase price of $245,000.00 and is currently being leased on a month-to-month basis by Savannah Pedicab. The property is located directly to the east of the Landmark Historic District and in a location of active development. Ellen Grill, a Realtor with Lynes Realty, has petitioned the City via Petition #180002 requesting that the City declare the property available for sale.
The parcel contains 0.07 acres measuring approximately 52’ x 61’ and is improved with a 2,940 +/- square-foot, one-story concrete block building. The property is zoned P-RIP-B.
If declared surplus and available for sale, staff will issue a request for proposals (RFP) soliciting a buyer for the property, and will procure a current appraisal of the market value of the property. Proposals will be evaluated by an interdisciplinary committee of staff, and a recommendation of the highest responsible bidder will be made to City Council for award.
David Keating, Director of Real Estate Services
No Cost to the City. Sale proceeds would be deposited in the general fund.
Map and Picture of 635 East Broughton Street.pdf
635 Broughton St Petition.pdf