REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brian Griffin

AXEN Realty

bgriffin@axenrealty.com +1(910) 443-9997

$ 1,395,000

Est. payment -/mo

Save

Price Dropped by $85K

1014 Abercorn ST Savannah, GA 31401

5 Beds

3 Baths

3,040 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $458

MLS Listing ID SA345494

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1890

Lot Size 1,699 Sqft

Acres 0.039

Property Sub-Type Office

Source SAV

Property Description

$130K+ Annual Income in Savannah's Historic District! This Exceptional 3040Sqft, TC-1 Zoned Mixed-Use Property Is A Proven, High-Performing Short-Term Vacation Rental Currently Generating Over $130,000 Per Year, Offering Immediate Cash Flow With Outstanding Long-Term Flexibility. The Property Is Configured As A 5BR/3BA By Combining Two Distinct Units, Featuring Two Full Kitchens And Two Separate Living Rooms, Ideal For Large Groups, Multi-Family Stays, Or Flexible Occupancy. The Ground-Level Unit Is Approved For Retail Or Commercial Use Under TC-1 Zoning And Can Easily Be Converted To A Boutique, Office, Café, Gallery, Studio, Or Service-Oriented Business, While The Upper Level Remains Residential, Creating A Rare Opportunity To Live In One Unit, Rent The Other, Or Create A Seamless Work/Live Combination In The Heart Of The Historic District. TC-1 Zoning Supports A Broad Range Of Commercial, Office, Service, And Residential Uses, Enhancing Both Adaptability And Long-Term Value. Continue Operating As A Lucrative STVR, Separate The Units For Multiple Income Streams, Owner-Occupy One Level While Leasing The Other, Or Reposition The Property As A Classic Mixed-Use Asset With Commercial Revenue Below And Residential Living Or Rental Income Above. Ideally Located In A Highly Walkable Setting Surrounded By Savannah's Iconic Architecture, Shopping, Dining, Cultural Landmarks, And Downtown Amenities. This Property Offers Rare Zoning, Strong Income, And Multiple Exit Strategies In One Of Savannah's Most Sought-After And Tightly Held Districts.

Location

State GA

County Chatham

Zoning TC-1

Direction Corner of Abercorn St and E Waldburg Ln

Rooms

Basement None

Interior

Heating Central, Electric

Cooling Central Air, Electric

Appliance Some Gas Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer

Exterior

Utilities Available Cable Available

Roof Type Rubber,Rolled/Hot Mop

Building

Story 2

Entry Level Two

Foundation Slab

Water Public

Architectural Style Traditional

Level or Stories 2

Others

Tax ID 2004427012

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Savannah Real Estate Company

GET MORE INFORMATION

Are you interested in buying a home? Look no further than a local real estate expert.