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Two-Story Office Building with Parking

8890 Abercorn Street Savannah, GA 31406

8890 Abercorn Street, Savannah, GA, 31406
$1,325,000
For Sale
Claim this Listing
$1,325,000

Two-floor office building with repaved parking and a private gated lot, ready for tenant-driven interior renovation.

Property Size7,500 SF
Lot Size0.43 Acres
Price / SF$176.67
AddedFeb 26
Days on Market138
Last RefreshJun 14 at 1:50 am

Property Features for 8890 Abercorn Street

General Information

Standard status
Active
Size
7,500 SF
Lot size
0.43 Acres
Property subtype
Office

Building Details

Year Built
1984

Listing office Daniel Ravenel SIR

Listing date Feb 26, 2026

Source Xome

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 Daniel Ravenel SIR


Investment Insights

Based on property information with market context.

This two-story 7,500 square foot office building is positioned for professional use and is currently in bare-bones condition. The interior has been prepped for renovation, allowing a new owner or tenant to tailor the space to their preferred layout and finishes. A side lobby separates the first and second floors, creating independent circulation and flexibility to occupy one level while leasing the other.

The property sits on a 0.43-acre lot along Hwy 204, also known as Abercorn Extension. Dedicated on-site parking has been newly repaved, and the rear of the property includes a private gated lot for added convenience for visitors or staff. The building also provides quick access to Truman Parkway and is located minutes from Oglethorpe Mall within Savannah’s Southside commercial district surrounded by retail and restaurants.

For buyers or operators, the separated floor plan and renovation-ready interior can support a range of professional office scenarios, including single-tenant occupancy with phased improvements or a multi-tenant approach using both levels. Architectural plans are available, which may help streamline the renovation process for an incoming occupant or ownership group.

Key Highlights

  • 2‑story 7,500 sq. ft. office building on 0.43‑acre lot
  • Zoned PBC and positioned along Hwy 204 (Abercorn Extension) with quick access to Truman Parkway
  • 15 on‑site parking spaces with repaved/asphalt paved driveway and paved road frontage

Local Financial Insights For Office B

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $166.5k $22.20
− Vacancy −$27.5k −$3.66
EGI $139.0k $18.54
− OpEx −$34.8k −$4.63
NOI $104.3k $13.90
7,500 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,271 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.01M
$6.13M – $8.18M (±1% cap)
NOI $490,647 @ 7.0% cap · market cap 37.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

LaDells Special Event ... Hotel & Motel Savannah Kitchen Remodeling Hardware & Home Improvement

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Electrical Service Acupuncture Kitchen & Bath Showroom Parking Lot & Garage Pet Grooming Service Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-floor office building with repaved parking and a private gated lot, ready for tenant-driven interior renovation.
Where is this office building located?
The property is located at 8890 Abercorn Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 2‑story 7,500 sq. ft. office building on 0.43‑acre lot; Zoned PBC and positioned along Hwy 204 (Abercorn Extension) with quick access to Truman Parkway; 15 on‑site parking spaces with repaved/asphalt paved driveway and paved road frontage
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