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Mixed-Use Building with Courtyard
For Sale
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514 Martin Luther King Jr Blvd, Savannah, GA 31401

Leased restaurant and residential condominium units occupy the building.

Property SizeContact for details
Days on Market145

Property Features for 514 Martin Luther King Jr Blvd

General Information

Standard status Active
Property subtype Mixed Use
Listing Agency: KW Commercial Savannah
Listed By: Deborah Haupt · License #GA 361655
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:50PM

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 KW Commercial Savannah

Investment Insights

Based on property information with market context.

Located at 514 Martin Luther King Jr Blvd in Savannah, Georgia, this mixed-use property combines a restaurant at street level with three condominium residences on the floors above. A courtyard is included alongside the building, adding an outdoor component to the property’s layout.

All units are currently leased, providing an existing occupancy profile across both the commercial and residential portions. The property also connects with 518 Martin Luther King Jr Blvd, which is separately available for sale.

Key Highlights

  • Restaurant occupies the ground level
  • Three condominium units above the restaurant
  • All units are currently leased

Property Analytics

Current Use

King Oliver's Creole ... Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Butcher Veterinary Clinic

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

2,203
Businesses Nearby

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased restaurant and residential condominium units occupy the building.
Where is this mixed-use property located?
The property is located at 514 Martin Luther King Jr Blvd Savannah, GA.
What are key features of this property?
This property features: Restaurant occupies the ground level; Three condominium units above the restaurant; All units are currently leased
(912) 695-1376 Call to check price and availability
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