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Executive Summary
Remarks
Rare five-unit mixed-use investment opportunity located in the heart of the Savannah Historic District, just steps from Wright Square and within walking distance of the shops, restaurants, and attractions along Broughton & River Street. Above the retail space are two residential units both holding active STVR certificates and currently producing short-term rental income. With 4 of the units currently grossing $108,951 annually, and the 5th being owner occupied, this diverse unit mix provides multiple income streams from retail, hospitality, service, and office tenants in one of Savannah’s most desirable and walkable downtown locations. Opportunities combining active STVR units, commercial space, and 5 dedicated parking spots in the Historic District are exceptionally limited, making 25 E York Street a compelling investment opportunity. Architectural renderings show the possibility of adding additional story. Seller makes no warranties or representation that plans have been or will be approved by the city of Savannah or the historic review board. Feasibility and due diligence are the responsibility of buyer.
Rare five-unit mixed-use investment opportunity located in the heart of the Savannah Historic District, just steps from Wright Square and within walking distance of the shops, restaurants, and attractions along Broughton & River Street. Above the retail space are two residential units both holding active STVR certificates and currently producing short-term rental income. With 4 of the units currently grossing $108,951 annually, and the 5th being owner occupied, this diverse unit mix provides multiple income streams from retail, hospitality, service, and office tenants in one of Savannah’s most desirable and walkable downtown locations. Opportunities combining active STVR units, commercial space, and 5 dedicated parking spots in the Historic District are exceptionally limited, making 25 E York Street a compelling investment opportunity. Architectural renderings show the possibility of adding additional story. Seller makes no warranties or representation that plans have been or will be approved by the city of Savannah or the historic review board. Feasibility and due diligence are the responsibility of buyer.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,346 SF
Building Class
C
Year Built
1860
Price
$2,450,000
Price Per SF
$458.29
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.05
Lot Size
0.06 AC
Zoning
BCI - central business district of the city which serves the Savannah metropolitan area population
Parking
6 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2001508008 | Improvements Assessment | $324,440 |
| Land Assessment | $38,840 | Total Assessment | $363,280 |
Property Taxes
Parcel Number
2001508008
Land Assessment
$38,840
Improvements Assessment
$324,440
Total Assessment
$363,280
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25 E York St
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