Historic District Retail and Office
102-108 W Congress Street Savannah, GA 31401
102-108 W Congress Street, Savannah, GA, 31401
$9,000,000
For Sale
$9,000,000
SINGLE_FAMILY - Savannah, GA
Property Size19,020 SF
Lot Size0.07 Acres
Price / SF$473.19
Days on Market160
Property Features for 102-108 W Congress Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- D-CBD
- Appliances
- Convection Oven, Dishwasher, Electric Water Heater, Freezer
- Standard status
- Active
- APN
- 2000430007
- Size
- 19,020 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- LOT A-1 (A/K/A LOT A) SUB OF THE EASTERN PT OF LOT M DECKER WD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1852
- Floors in Building
- 3
Listing Agency
Seabolt Real Estate
(912) 233-6609
24 E Oglethorpe Avenue, Savannah, GA
Listed by
Elaine Seabolt · License #139140
(912) 224-7511
Added: Feb 11 Updated: Jul 8 at 9:25 pm Checked: Jul 21 at 2:06 am
MLS# SA345350
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
102-108 W. Congress Street is a landmark commercial property arranged across three contiguous addresses, with prominent frontage and flexible interior space. The building is described as formerly home to Paula Deen’s The Lady & Sons, offering a historic downtown retail/restaurant identity while maintaining adaptable space for multiple business uses.
The property is located in the heart of Savannah’s Historic District, on one of the city’s most active downtown corridors. It is positioned within walking distance of City Market, Ellis Square, and River Street, surrounded by hotels, retailers, and cultural destinations referenced in the listing. Zoning is identified as D-CBD.
For buyers and operators seeking a central, multi-address storefront asset, the configuration supports a range of potential tenant and concept types noted in the offering, including flagship retail, food and beverage, entertainment, office, or mixed-use redevelopment. With a downtown footprint of 19,020 square feet on a 0.065-acre lot, this property is positioned for users that value an established urban presence and adaptable street-level exposure.
The property is located in the heart of Savannah’s Historic District, on one of the city’s most active downtown corridors. It is positioned within walking distance of City Market, Ellis Square, and River Street, surrounded by hotels, retailers, and cultural destinations referenced in the listing. Zoning is identified as D-CBD.
For buyers and operators seeking a central, multi-address storefront asset, the configuration supports a range of potential tenant and concept types noted in the offering, including flagship retail, food and beverage, entertainment, office, or mixed-use redevelopment. With a downtown footprint of 19,020 square feet on a 0.065-acre lot, this property is positioned for users that value an established urban presence and adaptable street-level exposure.
Key Highlights
- Historic commercial property built in 1852
- Located on W. Congress Street in Savannah’s Historic District
- Spans three contiguous addresses: 102‑108 W. Congress Street
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $422.2k | $22.20 |
| − Vacancy | −$69.7k | −$3.66 |
| EGI | $352.6k | $18.54 |
| − OpEx | −$88.1k | −$4.63 |
| NOI | $264.4k | $13.90 |
19,020 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.78M
$3.31M – $4.41M
NOI $264,430 @ 7.0% cap · market cap 2.94%
Second Best
Retail
$3.08M
$2.70M – $3.60M
NOI $215,910 @ 7.0% cap · market cap 2.40%
Theoretical Best
Warehouse
$17.78M
$15.55M – $20.74M
NOI $1,244,280 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- A to Zinnias — 217 E Broad St, Savannah, GA 31401
FAQs
What type of property is this?
Storefront property - Three contiguous downtown addresses offer flexible space for retail, food and beverage, office, or mixed-use concepts.
Where is this storefront property located?
The property is located at 102-108 W Congress Street Savannah, GA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Historic commercial property built in 1852; Located on W. Congress Street in Savannah’s Historic District; Spans three contiguous addresses: 102‑108 W. Congress Street
