Cold Shell Retail
For Lease
$18 SF/Yr
514 Pennsylvania Avenue, Savannah, GA 31404
COMMERCIAL - Savannah, GA
Property Size2,162 SF
Lot Size2.39 Acres
Days on Market634
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: Jul 1
Last Checked: Aug 2 at 1:06PM
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 cold shell retail space is available within new construction multi-family development. The offering includes an option to lease the full 2,162 square feet or take half, supporting a flexible layout based on tenant needs. Quotes are in place to bring the space to vanilla shell condition, helping streamline delivery into a ready-to-build retail environment. Negotiable terms are available.
The property is located at 514 Pennsylvania Avenue in Savannah, Georgia, positioned on a high-traffic corridor. Being part of a multi-family project, the space is designed to serve retail use within an active residential setting.
For tenants or operators seeking a customizable retail footprint, the ability to choose full or half space can help right-size occupancy. The cold shell/vanilla shell pathway offers a practical starting point for a tenant’s buildout, while the location on a high-traffic avenue supports retail storefront visibility within a mixed-use context. Zoning is listed as R4, and the space is presented for lease with negotiable terms.
The property is located at 514 Pennsylvania Avenue in Savannah, Georgia, positioned on a high-traffic corridor. Being part of a multi-family project, the space is designed to serve retail use within an active residential setting.
For tenants or operators seeking a customizable retail footprint, the ability to choose full or half space can help right-size occupancy. The cold shell/vanilla shell pathway offers a practical starting point for a tenant’s buildout, while the location on a high-traffic avenue supports retail storefront visibility within a mixed-use context. Zoning is listed as R4, and the space is presented for lease with negotiable terms.
Key Highlights
- Cold shell retail space in new construction multi‑family building (option for 2,162 SF total or 1,081 SF half)
- Brick construction with public utilities: public water and public sewer
- Heating includes heat pump and electric; cooling includes electric and heat pump
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
$24.31 /SF/Yr
Avg Asking Price
$8.5–$47 /SF/Yr
Price Range
6,597 SF
Avg Space Size
This space is priced 26% below the average of $24.31 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Cold shell retail space in new multi-family construction, with flexibility to lease full or half for tenant fit.
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: Cold shell retail space in new construction multi‑family building (option for 2,162 SF total or 1,081 SF half); Brick construction with public utilities: public water and public sewer; Heating includes heat pump and electric; cooling includes electric and heat pump
