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$3,200,000
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Property Description
Shopping center with seven prime retail units offered for sale on Victory Drive in the heart of Savannah's vibrant Starland District, surrounded by a dynamic mix of bars, restaurants, and boutique shopping. This highly walkable corridor benefits from strong, consistent foot traffic, anchored by the Savannah College of Art and Design Victory Village dormitory complex directly across the street, along with approximately 20,000 vehicles passing daily. The property consists of seven total units, including a mix of ground-level retail spaces and second-level spaces, offering flexibility for an owner-user or value-add investor. The remaining units provide the opportunity for in-place income and tenant diversification. The site features excellent visibility and accessibility, complemented by 11 off-street parking spaces, ample additional street parking, and prominent pylon signage along Victory Drive. Positioned within one of Savannah's most active and growing corridors, this asset presents a compelling investment opportunity with strong exposure, consistent traffic, and long-term upside potential. The property pulls in $224,000 annually.
Full Property Details
Full Property Details for 302 W Victory Dr
General
- Price: $3,200,000
- Taxes: $26,034 (2025)
- Status: Active
- Type: Retail
- Source: 2253
- MLS ID: SA353163
- Updated: 5/13/2026
- Added to Site: 33 day(s) ago
Rental Information
- Complex Features: Curbs, Gutter(s), Street Lights, Sidewalks
Interior
- Appliances: Electric Water Heater
Additional Information
- Security/Safety: Fire Alarm, Fire Sprinkler System
Location
- County: Chatham
- Driving Directions: From Downtown Savannah: Head west on Bay Street, turn left onto MLK Blvd. Turn right onto Victory Drive and go 2 miles west; your destination is on the right. From Southside Savannah: Head north on Abercorn Street, turn left onto Victory Drive. Drive 3 miles west; your destination is on the left.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Property Detached: Yes
- Construction: Stucco
- Common Walls: 2+ Common Walls
- Square Feet: 11,439
- Sq. Ft. Source: Assessor
- Current Bldg. Use: Commercial, Retail, Service Business
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.265
- Lot Size (Sq. Ft.): 11,543
- Zoning: BN
Financial Considerations
- For Sale: Yes
- Tax Amount: $26,034
- Tax Year: 2025
- Terms: Cash, 1031 Exchange
- Owner Pays: None
Disclosures and Reports
- Ownership: Owner/Agent
- Special Conditions: Standard
- Legal Description: LOTS 50 52 54 & PT OF LOT 48 NORWOOD WARD
- Property ID: 2007421014
Listed by Parker Scott Properties, Michelle Parker and Parker Scott Properties, Roland R. Denmark III
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Schools
Schools serving 302 W Victory Dr
School District:Savannah-Chatham County Public School System
| Name | Grades | Distance |
|---|---|---|
Hodge Elementary School 975 Clinch Street, Savannah, GA 31405 | PK-5 | 0.8 mi |
Derenne Middle School 1009 Clinch Street, Savannah, GA 31405 | 6-8 | 0.9 mi |
Beach High School 3001 Hopkins Street, Savannah, GA 31405 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 W Victory Dr
Date
Details
Price
Change
Source
4/13/2026
Listed
$3,200,000
30.61%
MLS
2/24/2020
Sold
$2,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 302 W Victory Dr
Year
Property Taxes
Change
Tax Assessment
Change
2021
$18,664
100%
$452,160
—
2022
-100%
$452,160
100%
2021
$18,664
-7%
-100%
2020
$20,037
132%
$1,625
-100%
2017
$8,644
—
$452,160
30%
2017
$8,644
-15%
$346,800
—
2016
$10,118
—
$346,800
—
2015
$10,135
33%
$346,800
38%
2013
$7,638
—
$250,680
-5%
2013
$7,638
—
$263,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 302 W Victory Dr
302 W Victory Drive, Savannah, GA 31405 (MLS# SA353163) is a Retail property. 302 W Victory Drive is currently listed for $3,200,000 and was received on April 13, 2026. Want to learn more about 302 W Victory Drive? Do you have questions about finding other Retail real estate for sale in Savannah? You can browse all Savannah real estate or contact a Coldwell Banker agent to request more information.
