Property summary
This Savannah, GA mixed-use property presents a compelling investment opportunity. Located in the Historic Streetcar District, directly across from SCAD student housing, this 2,800 square foot building boasts original hardwood floors, oversized trim, and a large fenced patio. The property, built in 1920 and renovated in 2008, features six parking spaces, ADA-compliant access, and rear access to the second-floor residential unit. Zoned TC-2, it offers diverse usage potential. The current lease, a NNN lease, expired on 12/31/2023, presenting a value-add opportunity. The building has a 4.44% cap rate and a NOI of $48,000. Owner financing is available. This single-unit, two-story building represents a strong return on investment in a vibrant, high-demand location. The asking price is $1,080,000.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Savannah market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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