408 Martin Luther King Boulevard Savannah, GA ^$ 3,290,000

408 Martin Luther King Boulevard

^$ 3,290,000

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408 Martin Luther King Boulevard

Savannah, GA, 31401

^$ 3,290,000

Bedrooms-- Baths2.2 Sq 14,100

Monthly Estimate*

^$ 20,525

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Commercial Property for sale in Savannah, GA

for $3,290,000 with 2 full baths, 2 half baths. This 14,100 square foot building was built in 1900 on a lot size of 0.087.

Great opportunity for redevelopment. Ground floor and basement are fully built out and would be ideal for Retail, Office or Restaurant. Upstairs are shells that could be redeveloped as additional offices, condos or rental units. Zoned Commercial and the sky is the limit. This space has been a creative location for over twelve years and is in an area that is alive with new development all around. From the upstairs and rooftop there are panoramic views of the Talmadge Bridge, Downtown Savannah and all the church steeples. Easy to show and prime for redevelopment. Easy access to I-16 and solid foot traffic with its proximity to The Savannah Visitors Center. One block south of Thrifty Center and easy walk to Downtown Savannah attractions.

Commercial Active

Price

^$ 3,290,000

Full Bath

Half Bath

Property Type

Commercial

Taxes

^$ 56,625

Style

Lot Size

0.087

Year Built

1900

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

328461

Features

General

Sewer Public Sewer

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

Electric 110 Volts 220 Volts

Property Subtype Multi Family

Current Use Vacant

Ownership Homeowner/Owner

Accessibility Accessible Doors

County Chatham

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

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

City Savannah

Lot Size Units Acres

Listing Terms Cash Conventional Other Private Financing Available

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

Exterior

Exterior Amenities None

Water Source Public

Road Surface Type Asphalt

Road Responsibility Public Maintained Road

* Excluded Features

List By

Brand Name Real Estate, Inc

Broker

Travis@savrealestate.com

Affordability Calculator

$25,244

Per Month

Monthly Principal & Interest: $20,525
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 ^$1,482,027

Percent of Sale Price 55%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/17/2025	$3,290,000		Listed Price

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408 Martin Luther King Boulevard, Savannah, GA, 31401 is a Commercial Property for sale at $3,290,000 with 14,100 sqft and a lot size of 0.087. 408 Martin Luther King Boulevard has 2.2 baths and 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/9/2025.

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408 Martin Luther King Boulevard

Commercial Property for sale in Savannah, GA

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