Retail Space in Multifamily
For Lease
$18 SF/Yr
514 Pennsylvania Avenue, Savannah, GA 31404
Commercial Lease, Savannah, GA
Space Size1,081 SF - 2,162 SF
Lot Size2.39 Acres
Days on Market695
Property Features for 514 Pennsylvania Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
R4
Exterior features
Irrigation System
Appliances
No Hot Water
Directions
Presidents Street to Pennsylvania Avenue 0.7 miles on the left. Skidaway Road to Pennsylvania Avenue 1.0 miles on the right
Standard status
Active
APN
2003902075
Size
2,162 SF
Lot size
2.39 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LOT C-2 OF STRATHMORE EST PRCL C SAV GDNS SMB 42S 80 2.386AC
Tax Annual Amount
41651
Legal Description
LOT C-2 OF STRATHMORE EST PRCL C SAV GDNS SMB 42S 80 2.386AC
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Electric
Water source
Public
Building Details
Year built
2015
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: Sep 12
Last Checked: Oct 2 at 5:06AM
MLS# SA320402
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 retail offering includes 2162 square feet within a multifamily development completed in 2015. The premises are presented in cold-shell condition, with the option to lease the full area or one-half of the space. This allows for either a single larger footprint or a divided configuration.
Located at 514 Pennsylvania Avenue in Savannah, the property has R4 zoning and access to public water and public sewer. The building features brick construction, electric heat-pump heating and cooling, and an irrigation system. Lease terms are negotiable.
Located at 514 Pennsylvania Avenue in Savannah, the property has R4 zoning and access to public water and public sewer. The building features brick construction, electric heat-pump heating and cooling, and an irrigation system. Lease terms are negotiable.
Key Highlights
- 2162 square feet of retail space
- Option to lease the full area or one‑half of the space
- Located within a multifamily development completed in 2015
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
6,992 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
1,713 visits/mo
0.4 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
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Market
Lease Benchmarks for Savannah, GA
$31.32 /SF/Yr
Avg Asking Price
$8.5–$80 /SF/Yr
Price Range
8,796 SF
Avg Space Size
This space is priced 43% below the average of $31.32 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Cold-shell space can be configured as a full suite or divided into two smaller areas.
Where is this retail space located?
The property is located at 514 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: 2162 square feet of retail space; Option to lease the full area or one‑half of the space; Located within a multifamily development completed in 2015
