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17 W Park Ave 6,300 SF 100% Leased Office Building Savannah, GA 31401 $5,166,000 CAD ($820.00 CAD/SF)



Investment Highlights
- Direct Forsyth Park frontage in the Historic District
- $35M development and 424-space garage across the street
- TC-2 zoning — office, retail, restaurant, or lodging
- Five ward-capped STVR licenses convey
Executive Summary
17 West Park Avenue — Forsyth Park Frontage, Historic District
A fully restored property of approximately 6,300 square feet with direct frontage on the south end of Forsyth Park, zoned TC-2 and offered for owner-user or investment.
TC-2 zoning permits professional office, retail, restaurant, lodging, and residential use, subject to City of Savannah approval — an unusually broad envelope for a Historic District address of this quality. The property comprises five self-contained suites, each with private bath and independent access, across a main building and separate carriage house. Four parking spaces including a two-car garage are rare for the Historic District and materially expand the range of viable uses.
As an operating hospitality asset: turnkey and fully furnished under professional management, with five non-owner-occupied short-term vacation rental licenses conveying with continued use — ward-capped and effectively unobtainable to new applicants.
As an owner-user headquarters: a signature address for a professional firm, with partner offices and conference space in the main building, reception at grade, and a carriage house suited to a library, associate space, or retained rental income.
As park-facing retail or restaurant: direct Forsyth Park frontage with structured public parking arriving across the street.
Directly across the street, a $35 million redevelopment anchored by Sterling Seacrest Pritchard is delivering three office buildings and a 424-space public underground parking garage, bringing daytime professional population and public parking to the immediate block.
Currently operated as a licensed short-term rental, allowing an owner to carry the property with income while planning a conversion, or to continue the existing use indefinitely.
Offered at $3,750,000. Operating detail available to qualified parties. Shown by appointment.
A fully restored property of approximately 6,300 square feet with direct frontage on the south end of Forsyth Park, zoned TC-2 and offered for owner-user or investment.
TC-2 zoning permits professional office, retail, restaurant, lodging, and residential use, subject to City of Savannah approval — an unusually broad envelope for a Historic District address of this quality. The property comprises five self-contained suites, each with private bath and independent access, across a main building and separate carriage house. Four parking spaces including a two-car garage are rare for the Historic District and materially expand the range of viable uses.
As an operating hospitality asset: turnkey and fully furnished under professional management, with five non-owner-occupied short-term vacation rental licenses conveying with continued use — ward-capped and effectively unobtainable to new applicants.
As an owner-user headquarters: a signature address for a professional firm, with partner offices and conference space in the main building, reception at grade, and a carriage house suited to a library, associate space, or retained rental income.
As park-facing retail or restaurant: direct Forsyth Park frontage with structured public parking arriving across the street.
Directly across the street, a $35 million redevelopment anchored by Sterling Seacrest Pritchard is delivering three office buildings and a 424-space public underground parking garage, bringing daytime professional population and public parking to the immediate block.
Currently operated as a licensed short-term rental, allowing an owner to carry the property with income while planning a conversion, or to continue the existing use indefinitely.
Offered at $3,750,000. Operating detail available to qualified parties. Shown by appointment.
Property Facts
Sale Type
Investment
Property Type
Building Size
6,300 SF
Building Class
C
Year Built/Renovated
1888/2020
Price
$5,166,000 CAD
Price Per SF
$820.00 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
2,100 SF
Building FAR
0.90
Lot Size
0.16 AC
Zoning
TC-2 - Traditional Commercial – Corridor
Parking
2 Spaces
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2004431008 | Improvements Assessment | $1,465,326 CAD |
| Land Assessment | $77,146 CAD | Total Assessment | $1,542,471 CAD |
Property Taxes
Parcel Number
2004431008
Land Assessment
$77,146 CAD
Improvements Assessment
$1,465,326 CAD
Total Assessment
$1,542,471 CAD
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