Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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.

Property Facts

Sale Type
Investment
Property Type
Office
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
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
2004431008
Land Assessment
$77,146 CAD
Improvements Assessment
$1,465,326 CAD
Total Assessment
$1,542,471 CAD
  • Listing ID: 41921753

  • Date on Market: 2026-08-28

  • Last Updated:

  • Address: 17 W Park Ave, Savannah, GA 31401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}