Savannah Commercial Building in Streetcar
2506 Barnard Street Savannah, GA 31401
2506 Barnard Street, Savannah, GA, 31401
$1,088,000
For Sale
$1,088,000
COMMERCIAL - Savannah, GA
Property Size2,729 SF
Lot Size0.12 Acres
Price / SF$398.68
Days on Market57
Property Features for 2506 Barnard Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 20074 06012
- Size
- 2,729 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 3896
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1990
- Building materials
- Block, Brick
Listing agency
Parker Scott Properties
(912) 897-6320
Listed by
Michelle Parker · License #276851
(912) 604-1197
Added: May 27 Updated: Jun 11 at 1:48AM Checked: Jul 22 at 9:06PM
MLS# 10773113
Copyright © 2026 Georgia Multiple Listing Service. 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.
This freestanding commercial building is located in Savannah's Streetcar District. The property is zoned TN-2, allowing for a range of uses including retail, cafe or coffee shop, veterinary or wellness clinic, creative studio, and multi-family development. The building features a spacious layout of rooms, including a space previously used as a recording studio, offering opportunities for multimedia production or professional services. A new roof has been recently installed. Off-street parking is available. The property is located steps from Starland Yard and less than a mile from Forsyth Park, in a walkable, well-trafficked area surrounded by dining, art, retail, residential properties, and SCAD housing. The lot size is 0.124 acres. The property offers 2729 square feet of space. It is located in a central, creative neighborhood.
Key Highlights
- Freestanding commercial building with block and brick construction and central heating/central air
- New roof recently installed
- Zoned TN‑2, allowing a wide range of uses including retail, cafe/coffee shop, veterinary/wellness clinic, creative studio, and multi‑family development
Local Financial Insights For Retail
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 | $47.5k | $17.40 |
| − Vacancy | −$3.2k | −$1.18 |
| EGI | $44.3k | $16.22 |
| − OpEx | −$13.3k | −$4.87 |
| NOI | $31.0k | $11.35 |
2,729 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$442.6K
$387.2K – $516.3K
NOI $30,979 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.55M
$2.23M – $2.98M
NOI $178,530 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Audio Visual Repairs ...
Electrical Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding commercial building in Savannah's vibrant Streetcar District.
Where is this retail space located?
The property is located at 2506 Barnard Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,088,000.
What are key features of this property?
This property features: Freestanding commercial building with block and brick construction and central heating/central air; New roof recently installed; Zoned TN‑2, allowing a wide range of uses including retail, cafe/coffee shop, veterinary/wellness clinic, creative studio, and multi‑family development
