3507 Bay St Savannah, GA 31408-3400
This exceptional retail property, located at 3507 W Bay Street in Savannah, Georgia, presents a compelling investment opportunity. Built in 1960 and situated on a 0.764-acre lot, the property boasts a newly installed roof and offers 2,700 square feet of versatile retail space. Its strategic location within Savannah's business district, in close proximity to the shipping port, ensures high visibility and accessibility. The property's features include ample parking with 29 spaces, a convenient covered drive-through area, and a history as a former bank branch, suggesting a strong foundation for various retail uses. The asking price is $700,000. This single-building property offers a unique blend of established infrastructure and prime location, making it an ideal investment for discerning buyers seeking a foothold in Savannah's thriving commercial market. The property's size and amenities make it suitable for a range of retail businesses, capitalizing on the high traffic and convenient access afforded by its location in the heart of Savannah's business district. The zip code is 31408, and the Chatham County location provides easy access to major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
BH · Savannah, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.