8 W Victory Dr
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8 W Victory Dr
2,125 SF Office Building Savannah, GA 31405 $539,000 ($254/SF)
Investment Highlights
- Central Location close to Starland
- Potential Tax Credit Project
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,125 SF
Building Class
C
Year Built
1890
Price
$539,000
Price Per SF
$254
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,063 SF
Slab To Slab
11’
Building FAR
0.61
Lot Size
0.08 AC
Zoning
BN - Business Neighborhood TC-2
Parking
2 Spaces (0.94 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
1 of 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
Parcel Number | 2007424006 | Improvements Assessment | $17,800 |
Land Assessment | $33,720 | Total Assessment | $51,520 |
PROPERTY TAXES
Parcel Number
2007424006
Land Assessment
$33,720
Improvements Assessment
$17,800
Total Assessment
$51,520
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8 W Victory Dr
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