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309 Tibet Ave Savannah GA 31406, Savannah, GA 31406

4.8 acres with a 12,616 SF multi-purpose building.

Property Size12,616 SF
Lot Size4.80 Acres
Days on Market421

Property Features for 309 Tibet Ave Savannah GA 31406

General Information

Standard status Active
Size 12,616 SF
Lot size 4.80 Acres
Property subtype Office, Retail, Special Purpose
Zoning RM25
Listing Agency: Parkway Properties LLC
Listed By: Oleg Mitnik · License #NJ
Source: Crexi
Added: Jun 17, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parkway Properties LLC

Investment Insights

Based on property information with market context.

This property offers approximately 4.8 acres of development land situated just off Abercorn Street, a main commercial corridor in Savannah. The location provides excellent visibility and access, surrounded by a mix of national retailers, service providers, and residential neighborhoods. The site is suited for multifamily or townhome development. The property includes a 12,616-square-foot multi-purpose building that offers versatile space for various uses such as event venues, office spaces, retail pop-ups, daycares, banks, and healthcare facilities. The building features 17 rooms, including 2 auditoriums, 2 conference rooms, 11 offices, 2 corner executive offices, 2 meeting rooms, 2 changing rooms, 2 bathrooms and a fully equipped commercial-grade kitchen. The building has modern finishes, a move-in-ready layout, and parking spaces. The property's size and location offer potential for future development. Zoned Residential Multifamily-2-25, it has the potential for up to 100 units.

Key Highlights

  • Prime ±4.8‑acre development land in central Savannah, off Abercorn Street.
  • Zoned Residential Multifamily‑2‑25, allowing development of up to 100 units.
  • Existing 12,616‑square‑foot multi‑purpose building suitable for various uses.

Property Analytics

Current Use

Grace Christian Tutoring ... High School Iglesia Renuevo de ... Church Savannah Primitive Baptist ... Church

Suggested Use

Top Pick Electrical Service Bakery Plumbing Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

Demographics for 31406, GA

34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value

Market

Vacancy Rate% for Office in Savannah, GA

13.1% 2019
9.9% 2020
8.7% 2021
8.4% 2022
4.3% 2023
4.9% 2024
3.1% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 4.8 acres with a 12,616 SF multi-purpose building.
Where is this mixed-use property located?
The property is located at 309 Tibet Ave Savannah GA 31406 Savannah, GA.
What are key features of this property?
This property features: Prime ±4.8‑acre development land in central Savannah, off Abercorn Street.; Zoned Residential Multifamily‑2‑25, allowing development of up to 100 units.; Existing 12,616‑square‑foot multi‑purpose building suitable for various uses.
More about this property
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