Retail Storefront with Adjacent
2203 Skidaway Road Savannah, GA 31404
2203 Skidaway Road, Savannah, GA, 31404
$620,000
New Traditional, Commercial Sale - Savannah, GA
Property Size2,952 SF
Lot Size0.18 Acres
Price / SF$210.03
AddedJun 16
Days on Market29
Last RefreshJul 14 at 10:06 pm
Property Features for 2203 Skidaway Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Commercial
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Parking
- 10
- Interior features
- High Ceilings
- 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# SA343049
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 2,160-square-foot traditional commercial building, delivered ready for an interior build-out to suit a new business concept. The package also includes an adjacent 792-square-foot raised cottage with two bedrooms and one bathroom. The cottage includes additional covered parking via a carport, alley access, and storage beneath, making it suitable for an owner or manager residence, on-site office use, or rental income.
The site is zoned B-N (Neighborhood Business District), allowing for a variety of commercial uses referenced in the remarks, including retail, restaurant, office, daycare, and animal hospital. The property features a paved parking lot with 8+ customer spaces and is described as approximately 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. Nearby anchors named in the remarks include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. The package consists of two properties on two pins and must be sold together.
For tenants and operators, the combination of a build-out-ready storefront and the adjacent cottage supports flexible live-work or business-plus-staff arrangements. For buyers, the two-part layout provides options for housing an owner or manager, creating an on-site office, or generating additional income through the cottage, while the B-N zoning supports a broad range of neighborhood-oriented retail and service uses.
The site is zoned B-N (Neighborhood Business District), allowing for a variety of commercial uses referenced in the remarks, including retail, restaurant, office, daycare, and animal hospital. The property features a paved parking lot with 8+ customer spaces and is described as approximately 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. Nearby anchors named in the remarks include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. The package consists of two properties on two pins and must be sold together.
For tenants and operators, the combination of a build-out-ready storefront and the adjacent cottage supports flexible live-work or business-plus-staff arrangements. For buyers, the two-part layout provides options for housing an owner or manager, creating an on-site office, or generating additional income through the cottage, while the B-N zoning supports a broad range of neighborhood-oriented retail and service uses.
Key Highlights
- Prime Commercial Location: Just 1800 feet from the high‑traffic intersection of Skidaway Road and Victory Drive.
- Versatile B‑N Zoning: Allows for retail, restaurant, office, daycare, and even an animal hospital.
- Live‑Work Opportunity: Includes a 2,160 sq ft commercial building and a 792 sq ft residential cottage (2BR/1BA).
Local Financial Insights For Retail
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 | $51.4k | $17.40 |
| − Vacancy | −$3.5k | −$1.18 |
| EGI | $47.9k | $16.22 |
| − OpEx | −$14.4k | −$4.87 |
| NOI | $33.5k | $11.35 |
2,952 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
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
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FAQs
What type of property is this?
Storefront property - Commercial storefront with build-out-ready space plus an adjacent raised cottage for owner, staff, or rental use.
Where is this storefront property 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: Prime Commercial Location: Just 1800 feet from the high‑traffic intersection of Skidaway Road and Victory Drive.; Versatile B‑N Zoning: Allows for retail, restaurant, office, daycare, and even an animal hospital.; Live‑Work Opportunity: Includes a 2,160 sq ft commercial building and a 792 sq ft residential cottage (2BR/1BA).
