Savannah Commercial Bungalow on
112 E Derenne Avenue Savannah, GA 31405
Commercial Sale, Bungalow - Savannah, GA
Type:Office
Property size:
1,925 SFLot size:
0.29 AcresPrice / SF:
$228/SF- Added:
- Apr 23, 2026
- Days on Market:
- 79
- Last Refresh:
- Jul 10 at 6:06 am
Property Features for 112 E Derenne Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 5
- Exterior features
- Storage
- Appliances
- Freezer, Range, Refrigerator
- Standard status
- Active
- APN
- 2012804014
- Size
- 1,925 SF
- Lot size
- 0.29 Acres
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating), Wall Furnace
- Cooling system
- Central Air, Electric, Multi Units, Wall Unit(s)
Building Details
- Year built
- 1970
- Flooring type
- Hardwood, Tile
- Roof type
- Composition
- Architectural style
- Bungalow
- Additional Structures
- Storage
Listing agent Shane P. Litts
Listing office Engel & Völkers Savannah 1650 East Victory Drive, Savannah, GA (912) 238-0874
Listing date Apr 23, 2026
MLS# SA343220
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on busy E. Derenne Ave near Habersham St and just off Abercorn St, this commercial property in Savannah, GA, presents an owner-user opportunity. The building, totaling approximately 1,925 square feet, is situated on a 0.29-acre lot and is zoned O-I (Office & Institutional). It features a new architectural shingle roof. The current layout includes 3 bedrooms and 1.5 baths, easily adaptable for office use. Each bedroom can function as a private office, while the living room is suitable for a reception or conference area. Two front entrances provide separate access for clients and employees. The property includes a large attached work area, plus two accessory buildings: an 11'x23' workshop and an 11'x23' metal shed, suitable for storage or creative purposes. The property offers excellent visibility, ample parking space, and convenient access to Midtown and Downtown. The adjacent 0.38-acre corner lot on Habersham St. is also available, offering expansion or redevelopment potential.
Key Highlights
- Excellent location on E. Derenne Ave. near Habersham St. and Abercorn St. with great access to Midtown and Downtown.
- Zoned O‑I (Office & Institutional) offering versatile use.
- Adaptable ±1,925 SF building layout suitable for office or residential use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.7k | $22.20 |
| − Vacancy | −$7.1k | −$3.66 |
| EGI | $35.7k | $18.54 |
| − OpEx | −$8.9k | −$4.63 |
| NOI | $26.8k | $13.90 |
1,925 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$382.3K
$334.5K – $446.1K
NOI $26,763 @ 7.0% cap · market cap 6.10%
Second Best
Mixed Use
$311.4K
$272.5K – $363.3K
NOI $21,797 @ 7.0% cap · market cap 4.97%
Theoretical Best
Warehouse
$1.80M
$1.57M – $2.10M
NOI $125,933 @ 7.0% cap · market cap 28.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ASAP Window Tinting
Interior Design
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FAQs
What type of property is this?
Office building - Office-zoned bungalow with redevelopment potential near Habersham and Abercorn Streets.
Where is this office building located?
The property is located at 112 E Derenne Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Excellent location on E. Derenne Ave. near Habersham St. and Abercorn St. with great access to Midtown and Downtown.; Zoned O‑I (Office & Institutional) offering versatile use.; Adaptable ±1,925 SF building layout suitable for office or residential use.
