Cold Shell Retail
For Lease
$18 SF/Yr
500 Pennsylvania Avenue, Savannah, GA 31404
COMMERCIAL - Savannah, GA
Space SizeContact for details
Property Size2,200 SF
Lot Size3.17 Acres
Days on Market637
Property Features for 500 Pennsylvania Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
R4
Appliances
No Hot Water
Directions
Presidents Street to Pennsylvania Avenue, 0.7 miles on the left to #500 Skidaway Rd to Pennsylvania Avenue, 1 mile on the right to #500
Standard status
Active
APN
2003902074
Size
2,200 SF
Lot size
3.17 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
C-1 OF STRATHMORE EST PCL C SAV GDNS SMB 42S 80 R/W PRB 47P 78 3.173AC
Tax Annual Amount
83610
Legal Description
C-1 OF STRATHMORE EST PCL C SAV GDNS SMB 42S 80 R/W PRB 47P 78 3.173AC
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2012
Floors in Building
1
Building materials
Brick
Listing Agency:
Parker Scott Properties
(912) 897-6320
Listed By:
Michelle Parker · License #276851
(912) 604-1197
Added: Nov 6, 2024
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
MLS# SA320399
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.
Cold shell retail space available in a new construction multi-family development. The property is offered as a flexible configuration, with an option to lease the full 2,162 square feet or take half to better match a tenant’s footprint and layout needs. Quotes are in place to bring the space to a vanilla shell condition.
Located at 500 Pennsylvania Avenue in Savannah, Georgia, the space benefits from high-traffic frontage along Pennsylvania Avenue. The offering is within an R4 zoning designation, and the overall site totals approximately 3.173 acres.
This setup is well-suited for retailers looking to move into a brand-new shell and tailor the finish and buildout to their specific requirements. The ability to choose between the full space or a smaller portion can help reduce initial space commitments while still supporting a dedicated retail presence in a multi-family environment. Terms are noted as negotiable.
Located at 500 Pennsylvania Avenue in Savannah, Georgia, the space benefits from high-traffic frontage along Pennsylvania Avenue. The offering is within an R4 zoning designation, and the overall site totals approximately 3.173 acres.
This setup is well-suited for retailers looking to move into a brand-new shell and tailor the finish and buildout to their specific requirements. The ability to choose between the full space or a smaller portion can help reduce initial space commitments while still supporting a dedicated retail presence in a multi-family environment. Terms are noted as negotiable.
Key Highlights
- Cold shell retail space in new construction multi‑family on high‑traffic Pennsylvania Avenue
- Option to lease 2,162 SF total or 50% (1,081 SF) for a flexible tenant configuration
- Brick construction; Year built 2012
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
168k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Groceries 17%
Shops & Services 13%
Apparel 10%
Kroger
Groceries
28,003 visits/mo
0.3 miles
McDonald's
Dining
22,586 visits/mo
0.0 miles
Starbucks
Dining
20,296 visits/mo
0.5 miles
Taco Bell
Dining
14,310 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
11,885 visits/mo
0.2 miles
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
Lease Benchmarks for Savannah, GA
$24.04 /SF/Yr
Avg Asking Price
$8.5–$47 /SF/Yr
Price Range
5,640 SF
Avg Space Size
This space is priced 25% below the average of $24.04 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - New construction retail in a multi-family setting with flexible full- or half-space options for tenant customization.
Where is this retail space located?
The property is located at 500 Pennsylvania Avenue Savannah, GA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Cold shell retail space in new construction multi‑family on high‑traffic Pennsylvania Avenue; Option to lease 2,162 SF total or 50% (1,081 SF) for a flexible tenant configuration; Brick construction; Year built 2012
