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Freestanding Building + Lot Downtown 1215 Price St 6,161 SF Retail Building Savannah, GA 31401 $3,400,000 ($551.86/SF)

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Investment Highlights

  • Freestanding Commercial Building on a High Visibility Corner
  • Walkability + Consistent High Foot Traffic + On the Bike Path
  • Dedicated Off-Street Parking
  • Historic Victorian District Neighborhood
  • Surrounded by Downtown Residential & Amenities
  • Redevelopment Potential

Executive Summary

1215 Price Street presents a compelling opportunity for owner-users, investors, and developers seeking a strategic foothold in one of the Southeast’s most dynamic and rapidly growing markets. Positioned along the heavily traveled Price Street corridor, the property benefits from strong daily traffic counts, excellent visibility, and convenient access to the surrounding urban neighborhoods.
This approximately 6,100± square foot freestanding commercial building sits on a prominent corner site in Savannah’s Victorian District, directly serving the dense surrounding residential communities. Originally constructed for grocery and neighborhood retail use, the property features a highly adaptable layout with expansive open retail space, generous ceiling heights, and substantial back-of-house areas ideal for storage, production, or distribution. Existing infrastructure—including refrigeration/freezer capacity, central HVAC, and a large roll-up door—provides immediate functionality for food-based concepts, specialty retail, light industrial uses, or creative adaptive reuse.
The site also offers the rare advantage of dedicated off-street parking, a valuable amenity in Savannah’s urban core. Surrounded by growing residential density, neighborhood businesses, SCAD, and continued reinvestment throughout the district, the property is well positioned to capture consistent local demand.
Savannah continues to experience strong population growth, tourism expansion, and neighborhood revitalization, further enhancing the long-term investment potential of well-located urban commercial assets. With its strategic location, flexible design, and strong underlying market fundamentals, 1215 Price Street represents a rare opportunity to acquire a highly visible property with significant upside for retail activation, redevelopment, or long-term investment.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,161 SF
Building Class
C
Year Built
1996
Price
$3,400,000
Price Per SF
$551.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.30 AC
Zoning
TC-1 - Traditional Commercial
Parking
15 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
126’ on Price St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,161 SF
  • Retail
  • -
  • Now

Former Chinatown Market building is now available for lease. Purpose built as a grocery store, the building has everything needed to carry on the legacy, with a flexible design and zoning that would also allow for a wide variety of uses. The front of the shop is set up for retail while the back includes a large roll up door and very high ceilings with ample freezers and refrigeration throughout.

Space Size Space Use Position Available
1st Floor 6,161 SF Retail - Now

1st Floor

Size
6,161 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 6,161 SF
Space Use Retail
Position -
Available Now

Former Chinatown Market building is now available for lease. Purpose built as a grocery store, the building has everything needed to carry on the legacy, with a flexible design and zoning that would also allow for a wide variety of uses. The front of the shop is set up for retail while the back includes a large roll up door and very high ceilings with ample freezers and refrigeration throughout.

Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
Starbucks
Kroger
The Original Pancake House
J. Christopher's
The YMCA

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2005306003
  • 2005306014
Land Assessment
$83,800
Improvements Assessment
$170,640
Total Assessment
$254,440
  • Listing ID: 39741306

  • Date on Market: 3/11/2026

  • Last Updated:

  • Address: 1215 Price St, Savannah, GA 31401

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