2505 Abercorn Street Savannah, GA ^$ 4,500,000

2505 Abercorn Street

^$ 4,500,000

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2505 Abercorn Street

Savannah, GA, 31401

^$ 4,500,000

Studio Baths0.0 Sq 2,840

Monthly Estimate*

^$ 29,908

2505 Abercorn Street, Savannah, GA 31401 - Image 1

2505 Abercorn Street, Savannah, GA 31401 - Image 2

2505 Abercorn Street, Savannah, GA 31401 - Image 3

2505 Abercorn Street, Savannah, GA 31401 - Image 4

2505 Abercorn Street, Savannah, GA 31401 - Image 5

2505 Abercorn Street, Savannah, GA 31401 - Image 6

2505 Abercorn Street, Savannah, GA 31401 - Image 7

2505 Abercorn Street, Savannah, GA 31401 - Image 8

2505 Abercorn Street, Savannah, GA 31401 - Image 9

Studio

Commercial Property for sale in Savannah, GA

for $4,500,000. This 2,840 square foot building was built in 1968 on a lot size of 0.566.

Are you looking for prime property in the heart of Savannah's Starland District? Look no further than our property at 2505 Abercorn St. This 0.90-acre property spans an entire city block between Abercorn & Drayton Streets, just north of E.?Victory Drive. With its convenient location near Bull Street, this property is a perfect opportunity for businesses looking to capitalize on the growing footfall in the area. The property offers two separate tax parcels totaling 0.90 acres. Tract 1 features 0.57+ acres of land and includes a 2,592 sq ft former bank branch with an attached 4-lane drive-thru and 12 surface parking stalls. Tract 2 boasts 0.33+ acres of land and includes a 15-stall surface parking lot. The property also benefits from excellent visibility, thanks to a pylon and monument signage. Zoned TC-1, Traditional Commercial-1, this property offers flexibility for a variety of commercial uses. With 14.8 million annual visitors spending $3.1 billion in Savannah.

Commercial Active

Price

^$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,969

Style

Retail

Lot Size

0.566

Year Built

1968

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

294470

Features

General

Sewer PublicSewer

Heating Central Electric

Cooling CentralAir Electric

Zoning BC

Security Features None

Construction Materials Brick

Year Built 1968

Property SubType Retail

Tax Year 2022

Current Use ServiceBusiness

Percent Ownership Owner/Agent

Community Features Curbs

County Chatham County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From E Victory go north on Abercorn St property will be on your left

City Savannah

View Y/N N

Senior Community Y/N N

Lot Size Units Acres

Lot Size Square Feet 24655.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Abercorn

Listing Terms Cash Conventional Item1031Exchange PrivateFinancingAvailable

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 11969.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Property Sub Type Additional Retail

Expected Active Date 2023-08-14

Legal Description LTS 24 26 28 30 32 34 36 38 40 SOUTHVILLE WARD

Exterior

Water Source Public

Lot Size Area 0.566

Spa N

Lot Size Acres 0.566

Road Surface Type Asphalt

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

Internal Only

Street Number 1 2505

* Excluded Features

List By

Bhhs Savannah

Broker

klyle@baystreetrealtygroup.com

Affordability Calculator

$30,906

Per Month

Monthly Principal & Interest: $29,908
Monthly Property Taxes: $997
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Savannah, GA

Average List Price ^$1,565,526

Percent of Sale Price 65%

About Savannah, GA

147,502 Population

11% Since 2002

^$39,420 Median Income

33.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

298105 Elementary School

298323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2023	$4,500,000		Listed Price

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2505 Abercorn Street, Savannah, GA, 31401 is a Commercial Property for sale at $4,500,000 with 2,840 sqft and a lot size of 0.566. 2505 Abercorn Street is a studio with 0.0 baths and was built in 1968. The property's zip code is 31401 which is in Savannah, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/1/2024.

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2505 Abercorn Street

Commercial Property for sale in Savannah, GA

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