Live-Work Commercial and Cottage
For Sale
$620,000
2203 Skidaway Road, Savannah, GA 31404
SINGLE_FAMILY - Other - Savannah, GA
Property Size2,952 SF
Lot Size0.18 Acres
Price / SF$210.03
Days on Market268
Property Features for 2203 Skidaway Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
B-N
Zoning description
Commercial
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
10
Interior features
High Ceilings
Exterior features
Fence
Fencing
Fenced
Appliances
No Hot Water, Oven, Range, Refrigerator
Directions
From Hwy 80/Victory Drive, turn North onto Skidway Road. Property is approximately 1800ft down on the left side of Skidaway Drive.
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
Legal 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
Concrete, Tile
Building materials
Block
Architectural style
Other
Listing Agency:
Engel & Volkers
(912) 238-0874
Listed By:
Jessica L. Kelly · License #270287
(912) 441-9101
Added: Nov 10, 2025
Changed: Jul 8
Last Checked: Aug 5 at 7:06PM
MLS# SA343049
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.
Investment Insights
Based on property information with market context.
This offering includes a standalone commercial building plus an adjacent raised cottage, presented as a two-property, two-pin package. The commercial building provides 2,160 square feet and is described as ready for an interior build-out to support a tenant’s specific business requirements. The companion cottage is 792 square feet and includes 2 bedrooms and 1 bathroom, with additional carport-covered parking, alley access, and storage beneath.
The property is located 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive and is zoned B-N (Neighborhood Business District). The site is described as having a paved parking lot with 8+ customer spaces. Nearby anchors called out in the remarks include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater.
With zoning that supports a range of neighborhood-serving uses, the commercial building and cottage arrangement can work for operator/owner live-work setups, in which the residence may function as on-site quarters, or as a separate income-producing unit depending on how the properties are managed. Businesses considering retail, office, or other compatible uses can also benefit from the on-site parking configuration and the additional access described for the cottage.
The property is located 1,800 feet from the high-traffic intersection of Skidaway Road and Victory Drive and is zoned B-N (Neighborhood Business District). The site is described as having a paved parking lot with 8+ customer spaces. Nearby anchors called out in the remarks include Starbucks, Chick-fil-A, Whole Foods, Target, Home Depot, Walgreens, CVS, and a movie theater.
With zoning that supports a range of neighborhood-serving uses, the commercial building and cottage arrangement can work for operator/owner live-work setups, in which the residence may function as on-site quarters, or as a separate income-producing unit depending on how the properties are managed. Businesses considering retail, office, or other compatible uses can also benefit from the on-site parking configuration and the additional access described for the cottage.
Key Highlights
- 2160 sq ft block commercial building with central heating and central air; interior ready for build‑out
- B‑N (Neighborhood Business District) zoning allows multiple uses including retail, restaurant, office, daycare, and animal hospital
- Adjacent 792 sq ft raised 2BR/1BA cottage with carport‑covered parking, alley access, and storage beneath
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
Market
Vacancy Rate% for Office in Savannah, GA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Two-property package with a commercial building and adjacent 2BR/1BA cottage in a B-N neighborhood business zoning district.
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: 2160 sq ft block commercial building with central heating and central air; interior ready for build‑out; B‑N (Neighborhood Business District) zoning allows multiple uses including retail, restaurant, office, daycare, and animal hospital; Adjacent 792 sq ft raised 2BR/1BA cottage with carport‑covered parking, alley access, and storage beneath
