1014 Abercorn ST, Savannah, GA 31401
1014 Abercorn ST, Savannah, GA 31401
1014 Abercorn ST, Savannah, GA 31401
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$1,195,000
Est. payment /mo
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5 Beds
3 Baths
3,040 SqFt
Price Dropped by $100K

1014 Abercorn ST Savannah, GA 31401

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Samantha Marksberry

Samantha Marksberry

+1(443) 740-0832

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $393

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 / Mountain Lakes Board of Realtors
Listed by Savannah Real Estate Company

What is Nearby

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Food
Beauty
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Public Services & Government

  • Pizza Express

    1116 Abercorn St, Savannah, GA 31401

    Pizza Phone: 912-790-6200

  • Olde Savannah Rum Cakes

    820 Abercorn St, Savannah, GA 31401

    Seafood Phone: 912-349-5122

  • Pizza Subs & Deli

    1116 Abercorn St, Savannah, GA 31401

    Pizza Phone: 912-234-9014

  • Little King’s Restaurant

    1002 Abercorn St, Savannah, GA 31401

    Phone: 912-236-6112

  • Local 11 Ten

    1110 Bull St, Savannah, GA 31401

    American (New) Phone: 912-790-9000

  • Peking House Restaurant

    1216 Abercorn St, Savannah, GA 31401

    Chinese Phone: 912-238-8328

  • American Legion Cafe

    1108 Bull St, Savannah, GA 31401

    American (Traditional) Phone: 912-233-9277

  • Savannah’s Fresh Catch Seafood

    1201 Habersham St, Savannah, GA 31401

    Seafood Markets Phone: 912-233-3696

  • Sentient Bean

    13 E Park Ave, Savannah, GA 31401

    Vegan Phone: 912-232-4447

  • Betty Bombers

    1108 Bull St, Savannah, GA 31401

    Cheesesteaks Phone: 912-272-9326

GET MORE INFORMATION

Samantha Marksberry

Samantha Marksberry

Agent License ID: 120038

+1(443) 740-0832

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1014 Abercorn ST