You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

2506 Barnard St Savannah, GA 31401

1,656 SF 0.12 ac lot Built 1990
Individually Owned 7-yr Hold Free & Clear
Property ID
US22-1739268
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 1,656 SF
Lot 0.12 ac (5,401 SF)
Zoning code RIP
APN 2-0074 -06-012
UPID US22-1739268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Audio Visual Repairs Sales Electrical Service Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Amjad F Silawi · 7 yrs held
Amjad F Silawi
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
RIP · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message