We are pleased to present an exceptional opportunity for sale or lease to acquire approximately ±4.8 acres of prime development land on Tibet Avenue. Located just off Abercorn Street—one of Savannah’s main commercial corridors—the site benefits from excellent visibility and access. The surrounding area features a well-established mix of national retailers, service providers, and residential neighborhoods. With favorable demographics, strong demand drivers, and a highly central location, this site is ideally suited for multifamily or townhome development. The property currently includes a 12,616-square-foot multi-purpose building, offering versatile space for various uses such as event venues, office spaces, retail pop-ups, daycares, banks, healthcare facilities, and more. This building features 17 rooms, including 2 large auditoriums, 2 conference rooms, 11 offices, 2 corner executive offices, 2 meeting rooms, 2 changing rooms, 2 bathrooms and a fully equipped commercial-grade kitchen. With modern finishes, a move-in-ready layout, and plenty of parking spaces. The property’s size and location offer excellent potential for future development. providing long-term value for investors and developers. Zoned Residential Multifamily-2-25, it has the potential for up to 100 units, offering significant development opportunities. Don’t miss the chance to purchase or lease this prestigious property at 309 Tibet Avenue, with endless possibilities for growth and expansion.