Commercial Property for Sale in Savannah Georgia 31401
816-818 Drayton Street, Savannah, Georgia 31401
$5,485,000
$483 / sq ft Listed Nov 23, 2024
11,349 sqft
Building
0 acres
Lot
1896
Built
3
Stories
14
Units
Class B
Class
About this property
Commercial Property for Sale in Savannah Georgia 31401 is a retail for sale in Savannah, Georgia, listed at $5,485,000. Key details: year built 1896, building size 11,349 sqft, lot size 0 acres, stories 3. Listed by Isaac Jordan of Atlanta Communities on LoopingCloud and last updated April 2, 2025.
Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1896
- Building Size
- 11,349 sqft
- Lot Size
- 0 acres
- Stories
- 3
- Total Units
- 14
- Building Class
- Class B
- Heating & Cooling
- Heating and Cooling
- Occupancy
- 80%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$483
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $5,485,000 | - | - | - | - |
Features and amenities
Highlights
- located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals,
Location
Address as shown by the lister.
Get directionsAbout this area - Savannah
- Population
- 21,616
- Housing units
- 10,790
- Land area
- 6.8 sq mi
- County
- Chatham
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Commercial Property for Sale in Savannah Georgia 31401?
Commercial Property for Sale in Savannah Georgia 31401 is listed at $5,485,000. That works out to about $483 per square foot.
Where is Commercial Property for Sale in Savannah Georgia 31401 located?
The property is in 816-818 Drayton Street, Savannah, Georgia 31401, Chatham County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 11,349 sqft. The lot is 0 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Isaac Jordan of Atlanta Communities listed this property. Use the Request Info button to send a message or call (470) 646-1737.
When was this listing published?
It was published on November 23, 2024 and last updated on April 2, 2025.
Listing information
- Listing ID
- CL-Georgia-12940
- Published
- Nov 23, 2024
- Last updated
- Apr 2, 2025
- Views
- 461
Report a problem with this listing
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