408 Martin Luther King Boulevard Savannah, GA ^$ 2,950,000

408 Martin Luther King Boulevard

^$ 2,950,000

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Recently Listed

408 Martin Luther King Boulevard

Savannah, GA, 31401

^$ 2,950,000

Bedrooms-- Baths-- Sq 14,100

Monthly Estimate*

^$ 18,164

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Commercial Property for sale in Savannah, GA

for $2,950,000. 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

^$ 2,950,000

Property Type

Commercial

Taxes

^$ 42,208

Style

Retail

Lot Size

0.087

Year Built

1900

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

SA351777

Features

General

Living Area 14100.0

Heating Central Electric

Cooling Central Air Electric

Utilities Cable Available

Possession Close Of Escrow

Roof Other

Appliances Electric Water Heater

Zoning BC

Security Features None

Construction Materials Brick Steel Wood Siding

Year Built 1900

Electric 110 Volts 220 Volts

Property Subtype Retail

Tax Year 2025

Current Use Vacant

Taxes 42208

Parcel Number 2003136007

Community Features Street Lights Sidewalks

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

Ownership Type Homeowner/Owner

Property Sub Type Additional Retail

Expected Active Date 2026-03-20

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

Interior

Basement Full

Flooring Carpet Concrete Hardwood

Total Stories 3

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Main Level Bathrooms 0

Exterior

Lot Features Historic District

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

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

$21,681

Per Month

Monthly Principal & Interest: $18,164
Monthly Property Taxes: $3,517
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$1,680,579

Percent of Sale Price 43%

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
3/20/2026	$2,950,000		Listed Price

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408 Martin Luther King Boulevard, Savannah, GA, 31401 is a Commercial Property for sale at $2,950,000 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 6.25% 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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