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2505 Abercorn St 4,773 SF Retail Building Savannah, GA 31401 $3,650,000 ($764.72/SF)



INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a perfectly placed retail asset in Savannah's Starland District, with the potential for multifamily development.
- Attractive, modern features include an attached four-lane drive-thru, prominent pylon and monument signage, and 27 surface parking spaces.
- 2505 Abercorn Street is easily accessible, just a mile and a half from I-16, 2 miles from Downtown Savannah, and 9 miles from I-95.
- Over 242,000 residents live within 10 miles of 2505 Abercorn Street, providing over $2.6 billion in consumer spending throughout 2022.
EXECUTIVE SUMMARY
Discover the prime opportunity to acquire a well-connected property at the heart of Savannah’s Starland District at 2505 Abercorn Street. The 0.57 acre lot spans an entire block between Abercorn and Drayton Streets, just north of E Victory Drive. The 0.57- and 0.33-acre parcels feature an existing 2,592-square-foot former bank with an attached four-lane drive-thru, convenient ingress/egress points, and 12 total surface parking spaces. A highly coveted location makes this a best-in-class opportunity for a retailer seeking an ideal new home or an ambitious multifamily developer looking to meet growing local residential demand.
2505 Abercorn Street is easily accessible, just 1.5 miles from Interstate 16, 9 miles from Interstate 95, and 2 miles from Downtown Savannah/River Street. The Bull Street commercial corridor, a charming and walkable thoroughfare from the Starland District through the Historic District, is less than half a mile away. Bull Street features some of the city’s best shopping and dining opportunities, providing substantial foot traffic to 2505 Abercorn Street. The location is perfectly poised to capture the elevated traffic with prominent pylon and monument signage providing excellent visibility. Zoned TC-1, or Traditional Commercial, this property offers incredible flexibility for a wide variety of commercial uses.
A coastal city known for its vital seaport and rich history, Savannah is the oldest and fifth-most populous city in Georgia. In addition to the 242,000 residents and $2.6 billion in consumer spending within 10 miles of 2505 Abercorn Street, more than 14.8 million tourists visit the city annually, providing an additional $3.1 billion in spending.
With an easily accessible and prominent location in the heart of Savannah’s Starland District, 2505 Abercorn Street offers the perfect new home for a retail business or multifamily development.
2505 Abercorn Street is easily accessible, just 1.5 miles from Interstate 16, 9 miles from Interstate 95, and 2 miles from Downtown Savannah/River Street. The Bull Street commercial corridor, a charming and walkable thoroughfare from the Starland District through the Historic District, is less than half a mile away. Bull Street features some of the city’s best shopping and dining opportunities, providing substantial foot traffic to 2505 Abercorn Street. The location is perfectly poised to capture the elevated traffic with prominent pylon and monument signage providing excellent visibility. Zoned TC-1, or Traditional Commercial, this property offers incredible flexibility for a wide variety of commercial uses.
A coastal city known for its vital seaport and rich history, Savannah is the oldest and fifth-most populous city in Georgia. In addition to the 242,000 residents and $2.6 billion in consumer spending within 10 miles of 2505 Abercorn Street, more than 14.8 million tourists visit the city annually, providing an additional $3.1 billion in spending.
With an easily accessible and prominent location in the heart of Savannah’s Starland District, 2505 Abercorn Street offers the perfect new home for a retail business or multifamily development.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$12,607
|
$2.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$12,607
|
$2.64
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $12,607 |
| Annual Per SF | $2.64 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $12,607 |
| Annual Per SF | $2.64 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,773 SF
Building Class
C
Year Built
1968
Price
$3,650,000
Price Per SF
$764.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.57 AC
Zoning
TC-1 - TC-1 Traditional Commercial
Parking
12 Spaces
Frontage
80’ on Abercorn St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2007410001 | Improvements Assessment | $169,320 (2025) |
| Land Assessment | $246,600 (2025) | Total Assessment | $415,920 (2025) |
PROPERTY TAXES
Parcel Number
2007410001
Land Assessment
$246,600 (2025)
Improvements Assessment
$169,320 (2025)
Total Assessment
$415,920 (2025)
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