This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1 N Fahm St
Savannah, GA 31401
Specialty Property For Sale
·
13,562 SF
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built/Renovated | 1970/2010 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.93 AC | Parking Ratio | 0.88/1,000 SF |
| Building Size | 13,562 SF | ||
| Zoning | BC | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 13,562 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2010 |
| Tenancy | Single |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | BC |
ABOUT 1 N FAHM ST , SAVANNAH, GA 31401
This is a unique redevelopment or investment opportunity in the fastest growing area of downtown Savannah. Four major developments are under construction, totaling over $350 million of investment, within 1/8 of a mile to include 440 residential units, up to 592 hotel rooms, a 488-space parking deck, supporting retail spaces, restaurant spaces and entertainment venues. The City of Savannah permits a 6-story structure on this property, which is the maximum height allowed for new projects in this area. 1 N Fahm does not have a historic designation and can be completely redeveloped. The property is currently leased to Savannah College of Art & Design until July 31, 2020. SCAD has no Renewal Option to extend the Lease Agreement, but does have a Right of First Refusal to purchase the property upon receipt of an offer. 1 N Fahm was built in 1970 and renovated in 2005 and 2010 by Savannah College of Art & Design. SCAD leases the property to house their jewelry department and SCADlab, which offers students 3-D printers and large photo printers for special projects.
PROPERTY TAXES
| Parcel Number | 2000311001 | Improvements Assessment | $190,080 |
| Land Assessment | $1,301,600 | Total Assessment | $1,491,680 |
PROPERTY TAXES
