Commercial Live-Work Building with
2203 Skidaway Road Savannah, GA 31404
2203 Skidaway Road, Savannah, GA, 31404
$620,000
New Traditional, Other - Savannah, GA
Property Size2,952 SF
Lot Size0.18 Acres
Price / SF$210.03
AddedJun 16
Days on Market29
Last RefreshJul 14 at 9:06 pm
Property Features for 2203 Skidaway Road
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Zoning
- Commercial
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
- Parking features
- Off Street
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 20079 15001
- Size
- 2,952 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Central, None (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1946
- Flooring type
- Concrete, Tile
- Architectural style
- New Traditional
Listing agent Jessica L. Kelly
Listing office Engel & Völkers Savannah 1650 East Victory Drive, Savannah, GA (912) 238-0874
Listing date Jun 16, 2026
MLS# SA343522
Listing URL
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.
The offering includes a traditional commercial building with 2,160 square feet of space that is ready for an interior build-out to fit a tenant’s needs. The package also features an adjacent raised cottage with 792 square feet, providing a practical option for an owner or manager’s residence, rental income, or on-site office use. The cottage includes covered carport parking, alley access, and storage beneath.
The property is located 1,800 feet from the intersection of Skidaway Road and Victory Drive. It is zoned B-N (Neighborhood Business District), and the site includes a paved parking lot with 8+ customer spaces. Nearby anchors identified in the listing include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Two properties/two pins are included, and the properties must be sold together.
This combination supports a business that benefits from proximity between customer-facing space and on-site living or management. With the commercial building positioned for interior customization and the zoning permitting a variety of neighborhood business uses listed in the remarks, the package can be suited to a range of retail, restaurant, office, daycare, or service-oriented concepts, along with the cottage serving as a resident or supplemental income/office space.
The property is located 1,800 feet from the intersection of Skidaway Road and Victory Drive. It is zoned B-N (Neighborhood Business District), and the site includes a paved parking lot with 8+ customer spaces. Nearby anchors identified in the listing include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Two properties/two pins are included, and the properties must be sold together.
This combination supports a business that benefits from proximity between customer-facing space and on-site living or management. With the commercial building positioned for interior customization and the zoning permitting a variety of neighborhood business uses listed in the remarks, the package can be suited to a range of retail, restaurant, office, daycare, or service-oriented concepts, along with the cottage serving as a resident or supplemental income/office space.
Key Highlights
- High‑traffic location, only 1800 ft from Skidaway/Victory intersection, offering excellent visibility.
- Zoned B‑N, allowing diverse business uses such as retail, restaurant, office, or daycare.
- Includes a 2,160 sq ft commercial building ready for build‑out and a 792 sq ft residential cottage.
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 | $65.5k | $22.20 |
| − Vacancy | −$10.8k | −$3.66 |
| EGI | $54.7k | $18.54 |
| − OpEx | −$13.7k | −$4.63 |
| NOI | $41.0k | $13.90 |
2,952 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$586.3K
$513.0K – $684.0K
NOI $41,041 @ 7.0% cap · market cap 6.62%
Second Best
Retail
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 5.40%
Theoretical Best
Warehouse
$2.76M
$2.41M – $3.22M
NOI $193,118 @ 7.0% cap · market cap 31.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Commercial building with ready interior space and adjacent raised cottage, plus paved customer parking, for flexible live-work use.
Where is this live-work space located?
The property is located at 2203 Skidaway Road Savannah, GA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: High‑traffic location, only 1800 ft from Skidaway/Victory intersection, offering excellent visibility.; Zoned B‑N, allowing diverse business uses such as retail, restaurant, office, or daycare.; Includes a 2,160 sq ft commercial building ready for build‑out and a 792 sq ft residential cottage.
