Mixed-Use Building with Corner
102 W 32nd Street, Savannah, GA 31401
For Sale
New
$775,000
Residential Income, Savannah, GA
Property Size4,153 SF
Lot Size0.18 Acres
Price / SF$186.61
Days on Market2
Property Features for 102 W 32nd Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Exterior features
Fencing
Fireplace
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Site & Location
Corner Location
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
RE/MAX Accent · RE/MAX International
(912) 756-5888
Listed By:
Sara L. Dipalermo · License GA #415761
(912) 713-8828
Added: Nov 9
Last Checked: Nov 10 at 5:06AM
MLS# SA367807
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.
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Investment Insights
Based on property information with market context.
At 102 W. 32nd Street, this 4,153-square-foot mixed-use property contains three apartments and a commercial corner store fronting Whitaker Street. The residential mix includes two one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Built in 1890, the building requires complete rehabilitation and is being sold as-is.
The property occupies a 0.18-acre corner lot in Savannah and is zoned TN-2. Public water and sewer serve the site. A fenced yard is also present.
The property occupies a 0.18-acre corner lot in Savannah and is zoned TN-2. Public water and sewer serve the site. A fenced yard is also present.
Key Highlights
- 4,153‑square‑foot building on a 0.18‑acre corner lot
- Three apartments: two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- Commercial corner store with frontage on Whitaker Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,144
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,880
$942.9K
Cap Rate 7%
$673,486
$673.5K
Cap Rate 9%
$523,822
$523.8K
Market Conditions
NOI Build-Up for 4,153 SF
Gross rent
$72.3K $17.40/SF
− Vacancy
−$4.9K −$1.18/SF
EGI
$67.3K $16.22/SF
− OpEx
−$20.2K −$4.87/SF
NOI
$47.1K $11.35/SF
Area
Savannah, GA
Vacancy
6.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,880
Cap Rate 7%
$673,486
Cap Rate 9%
$523,822
Alternative Uses
Best Use
Retail
$673.5K
$589.3K – $785.7K
NOI $47,144 @ 7.0% cap · market cap 6.08%
Second Best
Mixed Use
$671.8K
$587.8K – $783.8K
NOI $47,025 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.12M
$981.2K – $1.31M
NOI $78,492 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,757
Businesses Nearby
Explore this area
Business Placement
Demographics for 31401, GA
22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Savannah, GA
Properties on Market for Mixed-use properties in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments accompany a commercial storefront in a property requiring complete rehabilitation.
Where is this mixed-use property located?
The property is located at 102 W 32nd Street Savannah, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4,153‑square‑foot building on a 0.18‑acre corner lot; Three apartments: two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; Commercial corner store with frontage on Whitaker Street
