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Informations principales sur l'investissement

  • One-of-a-kind infill opportunity in Savannah's revitalized Midtown Corridor.
  • Includes a 14,136 SF restaurant and catering building plus one leased residential rental unit.
  • Highly versatile B-N zoning (with one RSF-6 lot) supports retail, office, hospitality, and senior care.
  • 1.94-acre assemblage consisting of six parcels with frontage near Waters Avenue.
  • Surrounded by major medical anchors: Memorial Health and St. Joseph's/Candler Hospital.
  • Excellent access to DeRenne Avenue and Truman Parkway, serving as key commuter routes.

Résumé analytique

Presenting a unique infill development opportunity located off Waters Avenue in Savannah’s sought-after Midtown Corridor. Anchored by a 14,136 SF restaurant and catering building on a 1.24-acre main lot, this offering includes four additional parcels, bringing the total land area to 1.94 acres. Situated adjacent to Memorial Health University Medical Center and proximate to St. Joseph's/Candler Hospital, this strategic location combines highly desirable demographic density with strong daytime and institutional demand.
The B-N (Neighborhood Business) zoning, with one parcel zoned RSF-6, allows for flexible redevelopment into a broad range of commercial or mixed-use applications. Potential uses include retail, restaurant, office, medical office, hotel/extended stay, and specialized healthcare such as assisted living or skilled nursing facilities. With proximity to DeRenne Avenue, Truman Parkway, and major medical institutions, this site delivers connectivity and long-term growth appeal for developers and end-users alike.
This property pairs prime frontage and locational strengths with the adaptability of six contiguous parcels, creating a rare chance to capture a piece of the vibrant Midtown Savannah market.

Informations sur l’immeuble

Type de vente Investissement ou propriétaire occupant
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Local commercial
  • Bureau
  • Hôtel
  • Médical
  • Restaurant
Surface totale du lot 0,79 ha
Zonage BN - Business Zoning

1 Lot disponible

Lot

Surface du lot 0,79 ha

This is a fee-simple sale of six parcels totaling 1.94 acres, including an existing 14,136 SF restaurant/catering facility, one leased residential rental property, and three vacant lots. B-N zoning permits diverse commercial applications.

Description

This 1.94-acre assemblage in Savannah’s dynamic Midtown Corridor offers an exceptional infill development opportunity with unmatched flexibility. The site is comprised of six tax parcels, including a primary 1.24-acre lot improved with a 14,136 SF restaurant and catering facility, one leased residential rental unit, and multiple auxiliary structures. Three additional lots are unimproved, providing a significant land component for redevelopment. Ideally situated just off Waters Avenue, the property is surrounded by major healthcare drivers, including Memorial Health University Medical Center and St. Joseph’s/Candler Hospital, as well as numerous medical office practices. The location benefits from strong traffic patterns, institutional demand, and seamless connectivity to DeRenne Avenue and Truman Parkway, providing convenient access to all parts of Savannah.

Très praticable à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 2011410006
  • 2011410018
  • 2011410005
  • 2011410012
  • 2011410013
  • 2011410015
Évaluation du terrain
335 522 €
Évaluation des aménagements
236 264 €
Évaluation totale
571 786 €
  • ID de l’annonce: 40284664

  • Date de mise sur le marché: 24/04/2026

  • Dernière mise à jour:

  • Adresse: 5320 Waters Ave, Savannah, GA 31404

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