For Sale
$1,080,000

422 43Rd St Savannah, GA 31401

Historic District gem; high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
135
This Savannah, GA mixed-use property presents a compelling investment opportunity. Located in the Historic Streetcar District, directly across from SCAD student housing, this 2,800 square foot building boasts original hardwood floors, oversized trim, and a large fenced patio. The property, built in 1920 and renovated in 2008, features six parking spaces, ADA-compliant access, and rear access to the second-floor residential unit. Zoned TC-2, it offers diverse usage potential. The current lease, a NNN lease, expired on 12/31/2023, presenting a value-add opportunity. The building has a 4.44% cap rate and a NOI of $48,000. Owner financing is available. This single-unit, two-story building represents a strong return on investment in a vibrant, high-demand location. The asking price is $1,080,000.

Highlights

  • Exceptional investment opportunity in Savannah's Historic Streetcar District, across from SCAD student housing.
  • Features original hardwood floors, oversized trim, and a large fenced patio.
  • 2,800 square feet with TC-2 zoning, allowing diverse uses.
  • Includes six parking spaces, ADA accessibility, and rear second-floor access.
  • Owner financing is available.

Property Details for 422 43Rd St

Property type
Retail properties, Restaurants
Square Feet
2,800 SF
Class
C
Year Built/Renovated
1920/2008
Buildings
1
Stories
2
Units
1

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.0540685
Longitude
-81.1068525

FAQs

What type of property is this?
Retail property - Historic District gem; high ROI potential.
Where is the retail property located?
The property is located at 422 43Rd St Savannah, GA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Exceptional investment opportunity in Savannah's Historic Streetcar District, across from SCAD student housing.; Features original hardwood floors, oversized trim, and a large fenced patio.; 2,800 square feet with TC-2 zoning, allowing diverse uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
422 43Rd St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message