Live-Work Commercial
2203 Skidaway Road Savannah, GA 31404
2203 Skidaway Road, Savannah, GA, 31404
$620,000
For Sale
$620,000
MULTI_FAMILY - Other - Savannah, GA
Property Size2,952 SF
Lot Size0.18 Acres
Price / SF$210.03
Days on Market254
Property Features for 2203 Skidaway Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-N
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 3
- Parking features
- Off Street
- Appliances
- No Hot Water, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 20079 15001
- Size
- 2,952 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- S W PT LT 61 BOULEVARD PK
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Block
- Architectural style
- Other
Listing agency
Engel & Volkers
(912) 238-0874
Listed by
Jessica L. Kelly · License #270287
(912) 441-9101
Added: Nov 10, 2025 Updated: Jul 8 at 7:23PM Checked: Jul 22 at 10:06PM
MLS# SA343522
Copyright © 2026 Hive MLS. 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.
A combined commercial and residential package offering live-work flexibility at 2203 Skidaway Road. The primary 2,160 sq ft commercial building is ready for an interior build-out to suit business needs. Zoned B-N (Neighborhood Business District), the property supports a range of neighborhood-oriented uses.
An adjacent 792 sq ft raised cottage (2BR/1BA) can serve as an owner or manager residence, a rental unit, or an on-site office. The cottage includes additional carport-covered parking, alley access, and storage beneath.
The property includes a paved parking lot with 8+ customer spaces and is noted as being approximately 1,800 feet from the Skidaway Road and Victory Drive intersection. Nearby area retail and entertainment options are listed including Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. TWO properties/TWO pins are included, and the properties must be sold together.
An adjacent 792 sq ft raised cottage (2BR/1BA) can serve as an owner or manager residence, a rental unit, or an on-site office. The cottage includes additional carport-covered parking, alley access, and storage beneath.
The property includes a paved parking lot with 8+ customer spaces and is noted as being approximately 1,800 feet from the Skidaway Road and Victory Drive intersection. Nearby area retail and entertainment options are listed including Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. TWO properties/TWO pins are included, and the properties must be sold together.
Key Highlights
- 2160 sq ft commercial building with interior build‑out ready for business use
- Zoned B‑N (Neighborhood Business District) with permitted variety including retail, restaurant, office, daycare, and animal hospital
- Adjacent 792 sq ft raised 2BR/1BA cottage for owner/manager residence, rental income, or on‑site office
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 | $65.5k | $22.20 |
| − Vacancy | −$10.8k | −$3.66 |
| EGI | $54.7k | $18.54 |
| − OpEx | −$13.7k | −$4.63 |
| NOI | $41.0k | $13.90 |
2,952 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$586.3K
$513.0K – $684.0K
NOI $41,041 @ 7.0% cap · market cap 6.62%
Second Best
Retail
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 5.40%
Theoretical Best
Warehouse
$2.76M
$2.41M – $3.22M
NOI $193,118 @ 7.0% cap · market cap 31.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Commercial building with interior build-out space plus adjacent raised cottage for residence or office use.
Where is this live-work space located?
The property is located at 2203 Skidaway Road Savannah, GA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 2160 sq ft commercial building with interior build‑out ready for business use; Zoned B‑N (Neighborhood Business District) with permitted variety including retail, restaurant, office, daycare, and animal hospital; Adjacent 792 sq ft raised 2BR/1BA cottage for owner/manager residence, rental income, or on‑site office
