For Sale
$589,000

8 Victory DrSavannah, GA 31405

Prime Midtown Location, Renovation Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 2,125 square foot mixed-use building, constructed in 1890, presents a unique investment opportunity in Savannah's vibrant midtown. Situated on a 3,354 square foot lot (40' x 90'), this historic structure, located within the Streetcar Historic District, offers significant potential. The property is currently vacant, allowing for complete customization. While much of the original historic fabric remains, a full renovation is needed to realize its full potential. The building's commercial zoning (TC-2) opens doors to various uses, and its historic nature may qualify it for potential tax credits. Benefitting from a high-traffic location, the property is adjacent to a busy fast-food restaurant and directly across from the SCAD-owned "One West Victory" development. The desirable Starland district is also within easy walking distance. The asking price is $589,000, translating to $277.18 per square foot. This presents a compelling opportunity to acquire a piece of Savannah's rich history and capitalize on its thriving commercial landscape. The property's APN is 2007424006.

Highlights

  • $589,000 asking price for this vacant, historic mixed-use building.
  • 2,125 square feet on a 3,354 square foot lot, with a price per square foot of $277.18.
  • Located at 8 W Victory Dr, Savannah, GA 31405, in the Streetcar Historic District.
  • Built in 1890, with Class C construction and TC-2 zoning; potential for historic tax credits.
  • Prime midtown Savannah location, near a fast-food restaurant and the SCAD development "One West Victory".

Property Details for 8 Victory Dr

Property type
Mixed-use properties
Square Feet
2,125 SF
Class
C
Year Built
1890

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.052523632185
Longitude
-81.102637872261
8 Victory Dr, Savannah, Georgia

FAQs

What type of property is this?
Mixed-use property - Prime Midtown Location, Renovation Opportunity
Where is the mixed-use property located?
The property is located at 8 Victory Dr Savannah, GA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: $589,000 asking price for this vacant, historic mixed-use building.; 2,125 square feet on a 3,354 square foot lot, with a price per square foot of $277.18.; Located at 8 W Victory Dr, Savannah, GA 31405, in the Streetcar Historic District.
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8 Victory Dr
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