2506 Barnard St Savannah, GA 31401

Property Details for 2506 Barnard St

Year built

1990

Lot size

0.12 lot acres

Property size

1,656 SF

Zone code

RIP

Property type

Retail space

APN

2-0074 -06-012

APU

2007406012

Description

This exceptional Savannah commercial property, located at 2506 Barnard St, offers a unique investment opportunity. Currently operating as Audio Visual Savannah, this 2,729 sq ft building boasts seven rooms, including a soundproof space and recording studio. The property features 100% occupancy as of April 30, 2023, and includes six off-street parking spaces – a rare find in this desirable location. Built in 1970 and renovated in 1988, the single-story, reinforced concrete structure sits on a 5,682 sq ft lot and benefits from a 73-foot frontage on Barnard Street and a 77-foot frontage on West 42nd Street. Zoned TN-2, this versatile property allows for a wide range of uses, including multi-family residences, retail, restaurants, and more. Its prime location in the Streetcar District, near the Starland District and Forsyth Park, ensures high visibility and foot traffic. The asking price is $1,088,000 ($398.68/sq ft). This property presents a compelling opportunity for both owner-users and investors seeking a strong return in Savannah's thriving downtown market. The flexible zoning allows for diverse uses, from continuing the existing business to developing a mixed-use project. The building's solid construction and ample parking further enhance its appeal. This is a rare chance to acquire a well-established business and a highly desirable property in a vibrant, growing area. The property's location offers easy access to SCAD student housing and numerous dining and cultural attractions.