Property profile

204 39Th St Savannah, GA 31401

OFF-MARKET
Retail properties & Spaces
2,532 SF 0.81 ac lot Built 1903
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Property summary

AI-generated overview

This stunning, fully renovated Victorian building at 204 East 39th Street in Savannah, Georgia, presents a unique opportunity for owner-users. Boasting 2,532 square feet across two stories, this mixed-use property features flexible TN2 zoning, allowing for a variety of commercial uses, including office, retail, or even a live/work space. The 1903 building underwent a complete renovation between 2014 and 2016, preserving its historic character while incorporating high-end modern finishes. Original details such as five original fireplace mantles, heart pine floors, intact moldings and trim, and working door transoms and pocket doors, create a sophisticated and artistic atmosphere. The main floor offers an expansive kitchen with 12-foot ceilings, perfect for entertaining or creating a collaborative workspace. Upstairs, four additional rooms and two full luxury bathrooms provide ample space for offices, studios, or guest accommodations. A rear screened porch and an upstairs balcony offer private outdoor spaces. Situated on a 0.81-acre lot in the Thomas Square neighborhood, this property is within walking distance of dining, the Savannah College of Art and Design (SCAD), and other amenities. The property's potential includes up to six separate office spaces, a reception/flex area, and a kitchen, making it ideal for a variety of creative business endeavors. The permitted zoning also allows for a bed and breakfast with up to four guest rooms. This is an exceptional opportunity to own a piece of Savannah's history in a thriving neighborhood. The asking price is $985,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1903
Total area 2,532 SF
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architect

Location

204 39Th St Savannah, GA 31401
Savannah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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