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$735,000
Property Description
Excellent commercial investment opportunity in a high-demand Savannah corridor! This offering includes two commercially zoned parcels totaling approximately 0.4361 acres, strategically positioned just off Waters Avenue with close proximity to Memorial Health University Medical Center. The front parcel at 5204 Waters Avenue offers strong road frontage and visibility approximately over 100ft, while the adjoining parcel at 1104 E. 67th Street provides additional space for expansion, development, or support use. The front property is a well-constructed, durable build featuring all-brick exterior on all sides with a solid concrete rear exterior. This type of construction offers exceptional longevity, low exterior maintenance, and enhanced resistance to weather-related wear and tear. Buyers will appreciate the added durability, improved energy efficiency, and long-term value retention that comes with full masonry construction. Together, the combined layout presents a versatile opportunity for investors, developers, or owner-users seeking a well-located commercial footprint. There is a Lamar sign on the property 5204 Waters Avenue that brings in $400/month with over 7 years remaining in the contract. Surrounded by established retail, medical, and residential areas, this property benefits from steady traffic flow and continued area growth. Ideal for a variety of commercial uses (buyer to verify zoning and permitted uses). Sale includes both parcels: 5204 Waters Avenue and 1104 E. 67th Street. Parcels are being sold together as a package and will not be sold separately.
Full Property Details
Full Property Details for 5204 Waters Ave
General
- Price: $735,000
- Taxes: $4,898 (2025)
- Status: Active
- Type: Retail
- Source: 2253
- MLS ID: SA355098
- Updated: 5/13/2026
- Added to Site: 8 day(s) ago
Interior
- Appliances: Electric Water Heater
Additional Information
- Other Features: Pole Sign
Exterior
- Exterior Features: Other
Location
- County: Chatham
- Driving Directions: From Harry Truman Parkway: Travel West onto Derenne Avenue, Right on Waters Avenue, 0.3 miles to the right you will see the strip mall right after Barnes Restaurant. From I-16/516: Travel West onto Derenne Avenue, Left on Waters Avenue, 0.3 miles to the right.
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
- Construction: Brick, Block, Other
- Square Feet: 5,266
- Sq. Ft. Source: Assessor
- Current Bldg. Use: Commercial, Service Business
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.4361
- Lot Size (Sq. Ft.): 18,997
- Zoning: BN
Financial Considerations
- For Sale: Yes
- Tax Amount: $4,898
- Tax Year: 2025
- Terms: Cash
- Owner Pays: Insurance, Management, None, Taxes
Disclosures and Reports
- Ownership: Homeowner/Owner
- Special Conditions: Standard
- Legal Description: LOTS 70, 71, 72 AND 73 BEVILL WA RD SOUTH GARDENS
- Property ID: 2011405015
Listed by Frank Moore & Company, LLC, Maranda L. Alford and Frank Moore & Company, LLC, Justin E. Vinton
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Schools
Schools serving 5204 Waters Ave
School District:Savannah-Chatham County Public School System
| Name | Grades | Distance |
|---|---|---|
Heard Elementary School, Savannah, GA 414 Lee Boulevard, Savannah, GA 31405 | PK-5 | 0.9 mi |
Myers Middle School 2025 East 52nd Street, Savannah, GA 31404 | 6-8 | 1.4 mi |
Jenkins High School 1800 East DeRenne Avenue, Savannah, GA 31406 | 9-12 | 0.7 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 5204 Waters Ave
Date
Details
Price
Change
Source
5/08/2026
Listed
$735,000
—
MLS
Disclaimer: Historical sales 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 5204 Waters Ave
5204 Waters Avenue, Savannah, GA 31404 (MLS# SA355098) is a Retail property. 5204 Waters Avenue is currently listed for $735,000 and was received on May 08, 2026. Want to learn more about 5204 Waters Avenue? 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.