Savannah Office Building For
8 Commerce Pl, Savannah, GA 31406
Well-maintained office property in the Commercial Drive Business District.
Type:Office
Property size:
3,760 SFPrice / SF:
$230/SF- Added:
- Feb 17, 2026
- Days on Market:
- 87
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 8 Commerce Pl
General Information
- Standard status
- Active
- Size
- 3,760 SF
- Property subtype
- Office
Building Details
- Year Built
- 1996
Listing agent Katie Chancy License #GA 351571
Listing office DAI Commercial Realty (912) 944-4410
Listing date Feb 17, 2026
Source Crexi
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 DAI Commercial Realty
HighLights
- Prime location in the highly desirable Commercial Drive Business District of midtown Savannah.
- Turnkey office configuration with flexible space suitable for various commercial uses.
- Ten private, on‑site parking spaces for convenient access.
- Zoned B‑N (Neighborhood Business) with no property owners association or restrictive covenants.
- First floor features a professional reception/showroom, four private offices, and attached storage.
- Second floor offers five generously sized private rooms for offices or collaborative workspaces.
Overview
Located in the Commercial Drive Business District of midtown Savannah, this well-maintained commercial property offers a rare opportunity for acquisition. The property, which has housed an interior design firm for over 28 years, is configured as a turnkey office and provides flexibility for various commercial uses. The first floor features a reception/showroom area, four private offices, a conference and break area, two restrooms (one full and one-half bath), ample closets, and an attached 350 square foot storage unit with a roll-up door and side loading access. The second floor includes five generously sized private rooms suitable for additional offices, collaborative workspaces, or administrative functions. The site provides ten private, on-site parking spaces at the front and side of the building, offering convenient access. Zoned B-N (Neighborhood Business), the property is not subject to a property owners association or any restrictive covenants, allowing for greater operational flexibility. The property is situated minutes from dining, professional services, national and local retail, residential neighborhoods, and schools. The property size is 3760 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$580.8K
NOI $52,274 @ 9.00% cap · cautious / downside scenario
Moderate
$746.8K
NOI $52,274 @ 7.00% cap · market / base-case scenario
Aggressive
$1.05M
NOI $52,274 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.5k | $22.20 |
| − Vacancy | −$13.8k | −$3.66 |
| EGI | $69.7k | $18.54 |
| − OpEx | −$17.4k | −$4.63 |
| NOI | $52.3k | $13.90 |
3,760 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$746.8K
$653.4K – $871.2K
NOI $52,274 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.51M
$3.07M – $4.10M
NOI $245,977 @ 7.0% cap · market cap 28.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Angela Groover Interior ...
Interior Design
Pam Rody Interior ...
Interior Design
Willow Tree Studio
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.1071461
- Latitude
- 32.0061317
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office property in the Commercial Drive Business District.
Where is this office building located?
The property is located at 8 Commerce Pl Savannah, GA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Prime location in the highly desirable Commercial Drive Business District of midtown Savannah.; Turnkey office configuration with flexible space suitable for various commercial uses.; Ten private, on‑site parking spaces for convenient access.
