408 Martin Luther King Boulevard Savannah, GA ^$ 2,995,000

408 Martin Luther King Boulevard

^$ 2,995,000

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408 Martin Luther King Boulevard

Savannah, GA, 31401

^$ 2,995,000

Bedrooms-- Baths-- Sq 14,100

Monthly Estimate*

^$ 18,685

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408 Martin Luther King Boulevard, Savannah, GA 31401 - Image 9

408 Martin Luther King Boulevard, Savannah, GA 31401 - Image 10

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408 Martin Luther King Boulevard, Savannah, GA 31401 - Image 12

408 Martin Luther King Boulevard, Savannah, GA 31401 - Image 13

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Commercial Property for sale in Savannah, GA

for $2,995,000 with 2 half baths. This 14,100 square foot building was built in 1900 on a lot size of 0.087.

A rare Savannah opportunity ready for its next chapter. This historic commercial building offers endless potential—ideal for retail, restaurant, or office space on the fully built-out ground floor and basement, with unfinished upper levels ready for creative redevelopment into offices, condos, or short-term rentals. For over a decade, this space has been a hub for local innovation and art, surrounded by exciting new growth and energy. From the rooftop and upper floors, enjoy sweeping views of the Talmadge Bridge, downtown skyline, and iconic church steeples. Zoned commercial with easy access to I-16, the Savannah Visitor Center, and steady foot traffic, this property is perfectly positioned for an investor or visionary ready to bring something new to life in the heart of Savannah.

Commercial Active

Price

^$ 2,995,000

Half Bath

Property Type

Commercial

Taxes

^$ 56,625

Style

Multi Family

Lot Size

0.087

Year Built

1900

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

328461

Features

General

Living Area 14100.0

Heating Central Electric

Cooling Central Air Electric

Utilities Cable Available

Possession Close Of Escrow

Roof Other

Appliances No Hot Water

Zoning BC

Security Features None

Construction Materials Brick

Year Built 1900

Electric 110 Volts 220 Volts

Property Subtype Multi Family

Tax Year 2024

Current Use Vacant

Taxes 56625

Parcel Number 2003136007

County Chatham

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) N

HOA N

Attached Garage N

Garage Y/N N

Status Active

Directions Driving north on MLK the property will be on your right 408 MLK Jr Blvd

City Savannah

Lot Size Units Acres

Lot Size Square Feet 3790.0

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Showing Instructions Appointment-Agent

Home Warranty Y/N N

Lease Considered Y/N N

Living Area Units Square Feet

Standard Status Active

Property Sub Type Additional Multi Family

Expected Active Date 2025-04-01

Legal Description SOUTH 24 FEET OF LOT 7 AND NORTH 23 FEET OF LOT 8 BERRIEN WARD

Interior

Basement Full

Flooring Wood

Total Stories 3

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Half Baths 2

Main Level Bathrooms 0

Total Baths 2

Exterior

Exterior Amenities None

Water Source Public

Lot Size Area 0.087

Spa N

Lot Size Acres 0.087

Road Surface Type Asphalt

Waterfront Y/N N

Crops Included Y/N N

Road Responsibility Public Maintained Road

Horse Y/N N

Internal Only

Street Number 1 408

* Excluded Features

List By

Travis O. Sawyer

Listing Agent

Brand Name Real Estate, Inc

Broker

Travis@savrealestate.com

Affordability Calculator

$23,404

Per Month

Monthly Principal & Interest: $18,685
Monthly Property Taxes: $4,719
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Savannah, GA

Average List Price ^$1,485,216

Percent of Sale Price 50%

About Savannah, GA

147,502 Population

11% Since 2002

^$39,420 Median Income

33.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$2,995,000	-8.97%	Price Down
10/29/2025	$3,290,000		Listed Price

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408 Martin Luther King Boulevard, Savannah, GA, 31401 is a Commercial Property for sale at $2,995,000 with 14,100 sqft and a lot size of 0.087. 408 Martin Luther King Boulevard was built in 1900. The property's zip code is 31401 which is in Savannah, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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408 Martin Luther King Boulevard

Commercial Property for sale in Savannah, GA

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