Mixed-Use Building with Living
For Sale
$250,000
1410 W Gwinnett Street, Savannah, GA 31415
The layout can serve two retail businesses or one medium-sized business.
Property Size1,200 SF
Price / SF$208.33
Days on Market75
Property Features for 1410 W Gwinnett Street
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
BN, Mixed use
Site & Location
Neighborhood
Historic Carver Village
Taxes and HOA fees
Annual Taxes
$484
Amenities
kitchenette
bedroom
bathroom
Building Details
Building Size
1,200 SF
Year Built
1947
Stories
1
Listing Agency:
Doris Thomas Realty, Inc
(912) 355-0294
Listed By:
Doris D. Thomas · License #158642
(912) 507-4183
Source:
Gibbseliterealty
Added: Aug 20
Changed: Oct 26
Last Checked: Oct 29 at 10:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Doris Thomas Realty, Inc
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Investment Insights
Based on property information with market context.
Renovated in a building originally constructed in 1947, this 1,200-square-foot mixed-use property is zoned BN, Mixed use. Its commercial area can accommodate two retail businesses or one medium-sized business.
Living quarters at the rear include a kitchenette, bedroom, and bathroom. Space is also available for a second restroom.
Living quarters at the rear include a kitchenette, bedroom, and bathroom. Space is also available for a second restroom.
Key Highlights
- 1,200‑square‑foot mixed‑use property
- BN, Mixed use zoning
- Commercial area can accommodate two retail businesses or one medium‑sized business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,622
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,440
$272.4K
Cap Rate 7%
$194,600
$194.6K
Cap Rate 9%
$151,356
$151.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$20.9K $17.40/SF
− Vacancy
−$1.4K −$1.18/SF
EGI
$19.5K $16.22/SF
− OpEx
−$5.8K −$4.87/SF
NOI
$13.6K $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%
$272,440
Cap Rate 7%
$194,600
Cap Rate 9%
$151,356
Alternative Uses
Best Use
Retail
$194.6K
$170.3K – $227.0K
NOI $13,622 @ 7.0% cap · market cap 5.45%
Second Best
Mixed Use
$194.1K
$169.9K – $226.5K
NOI $13,588 @ 7.0% cap · market cap 5.44%
Theoretical Best
Warehouse
$1.12M
$981.3K – $1.31M
NOI $78,503 @ 7.0% cap · market cap 31.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
1,405 visits/mo
0.2 miles
Demographics for 31415, GA
11,034
Population
5,591
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
79%
High-School Grad
6.6 sq mi
ZIP Area
1,672
Density / Sq Mi
$37,890
Median Household Income
$28,229
Median Earnings
$973
Median Rent
$112,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The layout can serve two retail businesses or one medium-sized business.
Where is this mixed-use property located?
The property is located at 1410 W Gwinnett Street Savannah, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,200‑square‑foot mixed‑use property; BN, Mixed use zoning; Commercial area can accommodate two retail businesses or one medium‑sized business
