Exceptional Port-Adjacent Investment Opportunity – Savannah, GA. Rare opportunity to own a 0.68-acre commercial property directly across the street from the Port of Savannah, literally steps away from Gate 1, the main terminal entrance off Bourne Avenue, and the Port’s Human Resources & Benefits building off of Main St. Properties… Read More this close to the Port are extremely limited, making this a highly strategic acquisition for both investors and owner-users. Zoning allows for a broad mix of uses, including but not limited to office, personal services, daycare, shared housing, warehouse/light industrial support, institutional uses, assisted living, medical centers, and more, offering exceptional adaptability for future redevelopment or repositioning. The commercial building can also be converted into additional multifamily units. Garden City is widely regarded as business-friendly and easy to work with, further enhancing the property’s upside. The site includes a vacant 2,800 SF commercial building with covered storage, 9 rooms, common areas, multiple bathrooms with showers, and two kitchens. Currently on the rental/ leasing market for $5,500 per month. Additional income is generated from five occupied residential units, all on one-year leases, providing immediate cash flow: Quadplex producing $4,820/month, Separate 2-bedroom unit producing $1,500/month. A large parking area generates approximately $300/month in additional income (camper and trailer parking allowed). This investment can offer strong stability with significant upside through leasing the commercial building. This is a prime port-centric asset ideal for logistics support, maritime services, office users, or investors seeking flexible zoning, strong income, and unmatched proximity to the Port of Savannah. Read Less
Courtesy of Emily O. Kelley, Vision RE & Property Mgmt.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multi Family
Lot Size
0.68 Acres
Year Built
1947
MLS Number
SA346776
30 Days Snapshot Of 31408
$264k
0%
(avg) sold price
69
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road surface type: "Asphalt", "Paved"
Appliances & Equipment
"Electric Water Heater", "Oven", "Range", "Refrigerator"
Building
Built in 1947, Construction materials: "Block", Living area units: Square Feet, 1 total story
Cooling
"Central Air", "Electric"
Exterior Features
"Other"
Heating
"Central", "Electric"
Lot
0.68 acres, 29,621 sqft
Property
Zoning: RIN
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