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Furnished Short-Term Rental Property
New
For Sale
$3,750,000

17 W Park Avenue, Savannah, GA 31401

Savannah, GA

Property Size6,879 SF
Price / SF$545.14
Days on Market5

Property Features for 17 W Park Avenue

General Information

Property type Commercial Sale
Property subtype Office
Bedrooms 10
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 10, Bedroom 8, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 7, Bedroom 2
Standard status Active
Size 6,879 SF

Amenities

heart-pine floors
marble fireplaces
floor-to-ceiling bay windows
grand staircase
energy-efficient improvements

Building Details

Year built 1930
Listing Agency: Engel & Volkers Savannah · Engel & Völkers
Listed By: Ridley Stallings · License #370720
Added: Aug 29 Changed: Sep 2 Last Checked: Sep 2 at 6:06AM
MLS# SA358107

Copyright © 2026 Engel & Völkers. 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 6,879-square-foot property, built in 1930, contains five furnished units: four residences in the main house and one apartment in the carriage house. The improvements retain heart-pine flooring, marble fireplaces, full-height bay windows, and a grand staircase, with energy-efficient upgrades throughout. Four units have recently received bath and furnishing updates. The property also includes a two-car garage and two additional off-street parking spaces.

Zoned TC-2 (Traditional Commercial-2), the site supports its existing residential and STVR arrangement and allows office, retail, restaurant, and lodging uses subject to City of Savannah requirements. Five non-owner-occupied STVR licenses are included. The property is located at 17 W Park Avenue, directly across from a planned redevelopment on the southwest side of Forsyth Park that includes three office buildings and a 424-space public underground parking garage.

Key Highlights

  • Five furnished units: four in the main house and one carriage house apartment
  • Five non‑owner‑occupied STVR licenses included
  • 6,879 square feet on a 1930‑built property

Property Analytics

Current Use

Telfair Arms Apartments Apartment Building Savannah Ghost Walks ... Travel Agency

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,844
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Historic furnished lodging property with commercial zoning, licensed STVR operations, and dedicated off-street parking.
Where is this short term rental property located?
The property is located at 17 W Park Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Five furnished units: four in the main house and one carriage house apartment; Five non‑owner‑occupied STVR licenses included; 6,879 square feet on a 1930‑built property
More about this property
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