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$2,719,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 hours ago
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A rare Savannah opportunity ready for its next chapter. This historic commercial building offers endless potential-ideal for retail, Multi unit residential/STVR, 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. ZONED COMMERCIAL and can be used as STVR.

Full Property Details for 408 Martin Luther King Blvd

General

  • Price: $2,719,900
  • Taxes: $42,208 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 2253
  • MLS ID: SA356876
  • Updated: Today (5/26/2026)
  • Added to Site: Today

Interior

  • Appliances: Electric Water Heater, Tankless Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Half Bathrooms: 2

Location

  • County: Chatham
  • Subdivision: Berrien Ward
  • Driving Directions: Driving north on MLK the property will be on your right 408 MLK Jr Blvd

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available

Structural Information

  • Construction: Brick
  • Square Feet: 14,100
  • Sq. Ft. Source: Measured
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.087
  • Lot Size (Sq. Ft.): 3,790
  • Frontage: Public Road
  • Lot Features: City Lot
  • Zoning: BC

Financial Considerations

  • For Sale: Yes
  • Tax Amount: $42,208
  • Tax Year: 2025
  • Terms: Cash, Conventional, Private Financing Available

Disclosures and Reports

  • Ownership: Homeowner/Owner
  • Special Conditions: Standard
  • Legal Description: SOUTH 24 FEET OF LOT 7 AND NORTH 23 FEET OF LOT 8 BERRIEN WARD
  • Property ID: 2003136007
  • Lot Number: 7

Listed by Brand Name Real Estate, Inc, Travis O. Sawyer

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Listing agent

— 408 Martin Luther King Blvd —

  • Travis O. Sawyer

    Brand Name Real Estate, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 408 Martin Luther King Blvd

School District:Savannah-Chatham County Public School System
NameGradesDistance
Gadsden Elementary School
919 May Street, Savannah, GA 31415
PK-50.5 mi
Derenne Middle School
1009 Clinch Street, Savannah, GA 31405
6-82.2 mi
The School Of Liberal Studies At Savannah High
400 Pennsylvania Avenue, Savannah, GA 31404
9-122.6 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 408 Martin Luther King Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$2,719,900
97.81%
MLS
2/26/2015
Sold
$1,375,000
—
Public Record
Get Price Alerts and Save Property
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 for 408 Martin Luther King Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$56,625
50%
$974,440
52%
2021
$37,690
100%
$639,080
-10%
2022
-100%
$712,080
100%
2021
$37,690
-2%
-100%
2020
$38,409
269%
$968
-100%
2017
$10,411
—
$639,080
80%
2017
$10,411
44%
$355,040
43%
2016
$7,250
—
$248,520
—
2015
$7,263
21%
$248,520
51%
2013
$5,990
—
$164,600
-20%
2013
$5,990
—
$207,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Brand Name Real Estate, Inc, Travis O. Sawyer

408 Martin Luther King Boulevard, Savannah, GA 31401 (MLS# SA356876) is a Multi-Family property with 0 units containing 0 bedrooms, 0 full bathrooms and 2 partial bathrooms. 408 Martin Luther King Boulevard is currently listed for $2,719,900 and was received on May 26, 2026. Want to learn more about 408 Martin Luther King Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Savannah? You can browse all Savannah real estate or contact a Coldwell Banker agent to request more information.

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