Price Reduced Listing
1014 Abercorn Street,Savannah, GA 31401
Savannah, GA 31401
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.
Details
| MLS # | SA345494 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 258 |
| Listing Provided By | Savannah Real Estate Company | Summer Freeman |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,040 |
| Story(s) | 2 |
| Zoning | TC-1 |
| Acreage | 0.04 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric |
Exterior
| Roof | Rubber, Rolled/Hot Mop |
|---|---|
| Foundation Details | Slab |
| Community Features | Street Lights, Sidewalks |
| Construction Materials | Brick |
| Security Features | None |
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | 220 Volts |
Taxes
| Tax Legal Description | NW PT LOT 18 WHITE WD PRB 39P 90, 91 |
|---|
Area Information
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31401 |
| Listing VS Median (in 31401) | |
Price: $1,195,000 low | high Med: $1,084,000 sqft: 3,040 low | high Med: 2,879 $ / sqft: $393 low | high Med: $378 On site: 258 low | high Med: 646 | |
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Learn More About This Property
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31401 |
| Listing VS Median (in 31401) | |
Price: $1,195,000 low | high Med: $1,084,000 sqft: 3,040 low | high Med: 2,879 $ / sqft: $393 low | high Med: $378 On site: 258 low | high Med: 646 | |
