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5700 Waters AVE Savannah, GA 31404
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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,915 sqft
Price per Sqft $234
MLS Listing ID 10519713
Sold Date 06/03/25
HOA Y/N No
Year Built 1948
Annual Tax Amount $2,652
Tax Year 24
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 11325.6
Property Sub-Type Commercial
Source Georgia MLS 2
Property Description
Situated in the heart of Savannah's sought-after Medical Arts area, this 0.26-acre lot presents a compelling opportunity for investors or business owners seeking a foothold in one of the city's most established commercial corridors. Positioned between Memorial Health University Medical Center and Candler Hospital, the property currently houses a long-standing, tenant-occupied restaurant with over 15 years of continuous operation. The site's configuration and prime location support a wide range of commercial uses. Zoned for various commercial and business applications, and surrounded by a thriving industrial and retail environment, this site is a rare chance to capitalize on Midtown Savannah's continued growth and redevelopment potential-whether through renovation, new construction, or continued tenant occupancy. At the rear, a private parking lot offers space for up to eight vehicles-an increasingly valuable asset for any future development. The property benefits from excellent visibility and seamless access to two of Savannah's three major hospitals. It is also ideally located near vibrant residential neighborhoods such as Kensington Park, Fairway Oaks, Greenview, and Habersham Woods. Just minutes from Truman Parkway, downtown Savannah is less than 15 minutes away, with convenient routes to I-95, I-16, and GA-516 ensuring strong regional connectivity. Use Showtime to schedule viewing.
Location
State GA
County Chatham
Zoning B-N
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 8.0
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N No
Total Parking Spaces 8
Garage No
Private Pool No
Building
Lot Description Corner Lot, Level
Faces Use GPS
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Others
Tax ID 20114 29001
Special Listing Condition Fixer
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