Office Building with Private
112 E Derenne Avenue, Savannah, GA 31405
SINGLE_FAMILY - Bungalow - Savannah, GA
Type:Office
Property size:
1,925 SFLot size:
0.29 AcresPrice / SF:
$228/SF- Added:
- Nov 6, 2025
- Days on Market:
- 238
- Last Refresh:
- Jul 2 at 10:06 am
Property Features for 112 E Derenne Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- OI
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 5
- Exterior features
- Storage
- Fencing
- Chain Link
- Appliances
- Freezer, Gas Water Heater, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 2012804014
- Size
- 1,925 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- LOT 6 MANOR SUB PEEPLES WARD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating), Wall Furnace
- Cooling system
- Central Air, Electric, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Flooring type
- Hardwood, Tile
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Bungalow
- Additional Structures
- Storage, Workshop
Listing agent Shane P. Litts License #375076 (912) 659-0464
Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA (912) 238-0874
Listing date Nov 6, 2025
MLS# SA343220
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.
HighLights
- +/- 1,925 SF bungalow on a 0.29‑acre lot with O‑I (Office & Institutional) zoning
- Currently configured as 3 bedrooms and 1.5 baths, with rooms adaptable for office use
- Two front entrances for separate client and employee access
- Large attached work area plus storage buildings: 11' x 23' workshop and 11' x 23' metal shed
- Utilities include public water and public sewer; roof is brand‑new architectural shingle
- Central air and wall unit cooling; heating includes wall furnace, heat pump, and electric systems
Overview
This office building offers approximately 1,925 square feet on a 0.29-acre lot, with a brand-new architectural shingle roof. The current configuration is 3 bedrooms and 1.5 baths, and the spaces can be repurposed for office use, with each bedroom functioning as a private office. The living room can serve as reception and/or a conference area, and the property includes two front entrances to support separate client and employee access. An attached work area adds flexibility for day-to-day operations, while two accessory buildings provide additional storage or creative workspace, including an 11' x 23' workshop and an 11' x 23' metal shed.
The property is located on busy E. Derenne Ave., near Habersham St., and just off Abercorn St. It is zoned O-I (Office & Institutional) and offers ample space for parking.
Designed for an owner-user or operator seeking an adaptable office setup, the building’s room-by-room layout and dual entrance configuration are well suited to businesses that need both public-facing space and private work areas. Access to Midtown and Downtown is cited in the listing, and the site’s visibility and parking support a practical day-to-day client experience. The adjacent 0.38-acre corner lot on Habersham St. is also available for expansion or redevelopment.
The property is located on busy E. Derenne Ave., near Habersham St., and just off Abercorn St. It is zoned O-I (Office & Institutional) and offers ample space for parking.
Designed for an owner-user or operator seeking an adaptable office setup, the building’s room-by-room layout and dual entrance configuration are well suited to businesses that need both public-facing space and private work areas. Access to Midtown and Downtown is cited in the listing, and the site’s visibility and parking support a practical day-to-day client experience. The adjacent 0.38-acre corner lot on Habersham St. is also available for expansion or redevelopment.
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
—
—
no second resolved use
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.
Location Intelligence
Current Use by Public Records
ASAP Window Tinting
Interior Design
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.106446
- Latitude
- 32.028097
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Zoned O-I office property with adaptable layout, brand-new roof, and attached work area plus accessory storage buildings.
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: +/- 1,925 SF bungalow on a 0.29‑acre lot with O‑I (Office & Institutional) zoning; Currently configured as 3 bedrooms and 1.5 baths, with rooms adaptable for office use; Two front entrances for separate client and employee access
