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2312 Abercorn St
Savannah, GA 31401
Retail Property For Sale
Investment Highlights
- Located within Savannah’s Thomas Square neighborhood along the active Abercorn Street corridor.
- Features include frame and stucco construction, public utility connections, and heat pump systems.
- Well-suited for owner-operator retail, boutique service, or adaptive reuse applications.
- Zoning designation of TC-1 provides flexibility for a broad range of commercial uses.
- Property benefits from high walkability and proximity to business districts, cultural hubs, and SCAD campus.
Executive Summary
Turnkey Multi-Stream Investment | Savannah’s Starland District
Rare opportunity to own a diverse property in Savannah’s highly sought-after Starland/Thomas Square District. Properties like this rarely become available, especially those with immediate income-producing potential.
The restaurant space was extensively renovated in 2023. In addition to the established commercial space, the property features two upstairs office/retail units that provide steady monthly rental income. Both units are currently occupied on month-to-month leases by long-term tenants, creating immediate cash flow while offering future flexibility.
This unique investment combines a thriving commercial location with multiple income streams in one of Savannah’s most vibrant and rapidly growing neighborhoods
Rare opportunity to own a diverse property in Savannah’s highly sought-after Starland/Thomas Square District. Properties like this rarely become available, especially those with immediate income-producing potential.
The restaurant space was extensively renovated in 2023. In addition to the established commercial space, the property features two upstairs office/retail units that provide steady monthly rental income. Both units are currently occupied on month-to-month leases by long-term tenants, creating immediate cash flow while offering future flexibility.
This unique investment combines a thriving commercial location with multiple income streams in one of Savannah’s most vibrant and rapidly growing neighborhoods
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,800 SF
Building Class
C
Year Built
1990
Price
$1,409,726 CAD
Price Per SF
$503.47 CAD
Cap Rate
4.72%
NOI
$66,590 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.14 AC
Zoning
TC-1 - Mixed Use, commercial with upper floor residential option
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 2006537004 | Improvements Assessment | $43,411 CAD |
| Land Assessment | $29,753 CAD | Total Assessment | $73,164 CAD |
Property Taxes
Parcel Number
2006537004
Land Assessment
$29,753 CAD
Improvements Assessment
$43,411 CAD
Total Assessment
$73,164 CAD
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