Commercial Building with Raised
2203 Skidaway Road Savannah, GA 31404
2203 Skidaway Road, Savannah, GA, 31404
$620,000
For Sale
$620,000
New Traditional, Other - Savannah, GA
Property Size2,952 SF
Lot Size0.18 Acres
Price / SF$210.03
Days on Market11
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 Agency
Engel & Völkers Savannah
(912) 238-0874
1650 East Victory Drive, Savannah, GA
Listed by
Jessica L. Kelly
Added: Jul 7 Checked: Jul 17 at 4:06 am
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.
This offering includes a commercial building along with an adjacent raised cottage, creating a combined commercial-and-residential live-work option. The commercial space is described as ready for interior build-out to accommodate a variety of business needs. The adjacent cottage is a raised structure with 2 bedrooms and 1 bathroom, and it includes additional carport-covered parking, alley access, and storage beneath.
The property is zoned for Neighborhood Business District (B-N) uses, and the site is reported to be about 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. The commercial site includes a paved parking lot with 8+ customer spaces and is described as walkable to area businesses and residential neighborhoods.
Nearby anchors referenced in the listing include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Per the offering terms, TWO properties/TWO pins must be sold together.
The property is zoned for Neighborhood Business District (B-N) uses, and the site is reported to be about 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. The commercial site includes a paved parking lot with 8+ customer spaces and is described as walkable to area businesses and residential neighborhoods.
Nearby anchors referenced in the listing include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Per the offering terms, TWO properties/TWO pins must be sold together.
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 paved parking plus an adjacent raised 2BR/1BA cottage, zoned for neighborhood business uses.
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.
