8 W Victory Dr - Office/Residential FOR SALE


Savannah, GA 31405
$539,000 USD
912-398-0932
8 W Victory Dr, Savannah, GA for Sale
$539,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

8 W Victory Dr
Savannah, GA 31405


HIGHLIGHTS

  • Central Location close to Starland
  • Potential Tax Credit Project

OVERVIEW

Nestled in the bustling hub of Victory Drive, near the vibrant Starland District, this historic commercial building presents a remarkable opportunity for investors and developers alike. Dating back to 1890, this 2-storey gem boasts a rich architectural heritage, ripe for transformation into a standout property in one of the city's most sought-after locations. Although in need of renovation, the building's solid structure and timeless design offer the perfect canvas for a creative restoration project. Potential buyers will be pleased to know that the property may qualify for historic tax credits, providing significant financial incentives for preserving its unique character. Spanning a generous footprint, the interior exudes an old-world charm that, with the right vision, could be seamlessly blended with modern amenities to attract premium commercial tenants. Its prominent positioning on Victory Drive ensures high visibility and foot traffic, ideal for a boutique, gallery, office space, or a trendy restaurant. This is more than just a purchase; it's a chance to own a piece of history and to contribute to the area's renaissance. Envision breathing new life into this classic structure and being part of the dynamic growth of the Starland District.

FOR SALE DETAILS

PRICE

$539,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

BN

APN/PARCEL ID

2007424006

ASK ABOUT THIS PROPERTY

Graham SadlerBerkshire Hathaway HomeServices Bay Street RealtyMore Info
912-398-0932

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Graham SadlerBerkshire Hathaway HomeServices Bay Street RealtyMore Info
912-398-0932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.