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Customizable Flex Space
For Lease
$3,000/Mo

505 E Perry Lane, Savannah, GA 31401

Commercial Lease, Savannah, GA

Space Size3,000 SF
Lot Size0.25 Acres
Days on Market48

Property Features for 505 E Perry Lane

General Information

Property type Commercial Lease
Property subtype Other
Appliances Electric Water Heater
Directions Perry Lane between Price St & Houston St. Pink cinder block building.
Standard status Active
APN 20014 10003
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description 58 59 CRAWFORD WD
Legal Description 58 59 CRAWFORD WD

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1938
Floors in Building 1
Building materials Block
Listing Agency: Parker Scott Properties
Listed By: Michelle Parker · License #276851
Added: Jul 8 Changed: Aug 19 Last Checked: Aug 24 at 6:06PM
MLS# SA359911

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 approximately 3,000-square-foot flex space is offered in shell condition, giving a tenant room to configure the interior around its operational needs. An attached older apartment includes one bedroom and a bathroom and may be used as office space. The property was built in 1938 with block construction and sits on a 0.25-acre parcel.

The site is in Downtown Savannah, within ZIP Code 31401. Public water and public sewer serve the property, and an electric water heater is present. The space has been identified for potential creative studio, storage, and pedicab-related applications, among other uses.

Key Highlights

  • Approximately 3,000 square feet of warehouse/flex space
  • Shell condition supports tenant customization
  • Attached one‑bedroom area with a bathroom for potential office use

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Carpet & Flooring Store Florist

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

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,131
Businesses Nearby
Well-served
Demand for This Use

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value

Market

Lease Benchmarks for Savannah, GA

$20.44 /SF/Yr
Avg Asking Price
$1.94–$56.4 /SF/Yr
Price Range
23,416 SF
Avg Space Size

This space is priced 41% below the average of $20.44 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Shell-condition premises include an attached one-bedroom area with a bathroom that may function as office space.
Where is this flex space located?
The property is located at 505 E Perry Lane Savannah, GA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 3,000 square feet of warehouse/flex space; Shell condition supports tenant customization; Attached one‑bedroom area with a bathroom for potential office use
More about this property
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