Live-Work Commercial and
2203 Skidaway Road, Savannah, GA 31404
MULTI_FAMILY - Other - Savannah, GA
Property size:
2,952 SFLot size:
0.18 AcresPrice / SF:
$210/SF- Added:
- Nov 10, 2025
- Days on Market:
- 223
- Last Refresh:
- Jun 21 at 7:06 am
Property Features for 2203 Skidaway Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-N
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
- Parking features
- Off Street
- Appliances
- No Hot Water, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 20079 15001
- Size
- 2,952 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- S W PT LT 61 BOULEVARD PK
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Flooring type
- Tile, Concrete
- Building materials
- Block
- Architectural style
- Other
Listing agent Jessica L. Kelly License #270287 (912) 441-9101
Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA (912) 238-0874
Listing date Nov 10, 2025
MLS# SA343522
Listing URL
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2,160 sq ft block commercial building with central heating and central air (electric) for an interior build‑out
- B‑N (Neighborhood Business District) zoning supports multiple uses such as retail, restaurant, office, daycare, and animal hospital
- Adjacent 792 sq ft raised cottage with 2BR/1BA for an owner/manager residence, rental income, or on‑site office
- Cottage includes additional carport‑covered parking, alley access, and storage beneath
- Paved off‑street parking lot with 8+ customer spaces
- Utilities/services: public water and public sewer; year built 1946
Overview
This for-sale package combines a commercial building and an adjacent raised cottage designed for flexible live-work or on-site use. The commercial portion is a 2,160-square-foot structure ready for interior build-out to suit a tenant’s business requirements. The property is also paired with a 792-square-foot raised cottage featuring 2 bedrooms and 1 bathroom. The cottage includes additional carport-covered parking, alley access, and storage beneath, creating a practical layout for an owner, manager, or supplemental rental/office use.
The site is located at 2203 Skidaway Road in Savannah, Georgia, approximately 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. The offering includes a paved parking lot with 8+ customer spaces and is positioned within walkable proximity to established retail and dining options, including Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Zoned B-N (Neighborhood Business District), the property supports a variety of neighborhood commercial uses.
The combination of a commercial building with build-out-ready interior space and an adjacent cottage makes this property well-suited for operators who want to keep day-to-day activities and living space close together. It also presents a straightforward option for a buyer seeking a two-property, two-pin arrangement sold together, with on-site parking and alley access supporting both commercial and residential functionality.
The site is located at 2203 Skidaway Road in Savannah, Georgia, approximately 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive. The offering includes a paved parking lot with 8+ customer spaces and is positioned within walkable proximity to established retail and dining options, including Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater. Zoned B-N (Neighborhood Business District), the property supports a variety of neighborhood commercial uses.
The combination of a commercial building with build-out-ready interior space and an adjacent cottage makes this property well-suited for operators who want to keep day-to-day activities and living space close together. It also presents a straightforward option for a buyer seeking a two-property, two-pin arrangement sold together, with on-site parking and alley access supporting both commercial and residential functionality.
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 Profile
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.064276
- Latitude
- 32.04599
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Two-property package with a buildable commercial structure plus an adjacent 2BR/1BA cottage and paved customer parking.
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: 2,160 sq ft block commercial building with central heating and central air (electric) for an interior build‑out; B‑N (Neighborhood Business District) zoning supports multiple uses such as retail, restaurant, office, daycare, and animal hospital; Adjacent 792 sq ft raised cottage with 2BR/1BA for an owner/manager residence, rental income, or on‑site office
