Search
Historic Mixed-Use Building with Restaurant
For Sale
$2,100,000

132 E Oglethorpe Avenue, Savannah, GA 31401

Commercial Sale, Other - Savannah, GA

Property Size3,456 SF
Lot Size0.05 Acres
Price / SF$607.64
Days on Market24

Property Features for 132 E Oglethorpe Avenue

General Information

Property type Commercial Sale
Property subtype Multi Family
Zoning Mixed use
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
Appliances Dryer, Microwave, Range, Refrigerator
Directions Corner of East Oglethorpe and Abercorn Street,
Standard status Active
APN 2001507003
Size 3,456 SF
Lot size 0.05 Acres

Utilities

Heating system Central, Electric (Heating), Wall Furnace, Zoned (Heating)
Cooling system Central Air, Electric, Multi Units, Wall Unit(s), Zoned

Building Details

Year built 1872
Roof type Composition
Architectural style Other
Listing Agency: Engel & Völkers Savannah
Listed By: Richard G. Mopper
Added: Jul 7 Changed: Jul 15 Last Checked: Jul 30 at 10:06PM
MLS# SA350974

Copyright © 2026 Engel & Völkers. 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.

Built c. 1872, this three-story historic brick mixed-use property at 132 E. Oglethorpe Avenue offers both income-producing space and a residential layout. The garden level features a fully operating restaurant, currently generating approximately $8,000 per month. The upper floors include a spacious two-bedroom, two-and-a-half-bath residence filled with historic character and natural light. The residential portion may be used as a primary residence, second home, or vacation rental, and an active STVR license is already in place. The property totals 3,456 square feet on a 0.049-acre lot.

Located in Savannah’s Historic District, the building is positioned on a central downtown street and is described as being just steps from the city’s famous squares, along with nearby restaurants, boutique shopping, and cultural attractions.

This is a single property with separate functional components: a restaurant level and an upper residential unit, designed within a preserved historic structure.

Key Highlights

  • Prime Historic District Location on E. Oglethorpe Avenue, near Savannah's best.
  • Income‑Generating Restaurant bringing in approximately $8,000 per month.
  • Historic Mixed‑Use Property: A stunning three‑story brick building (c.1872).

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,641
Businesses Nearby
Under-served
Demand for This Use

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Inn at McDonoughs — 22 E Mc Donough St, Savannah, GA 31401

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three-story brick building with operating restaurant and upper two-bedroom residence with active STVR license.
Where is this conventional restaurant located?
The property is located at 132 E Oglethorpe Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime Historic District Location on E. Oglethorpe Avenue, near Savannah's best.; Income‑Generating Restaurant bringing in approximately $8,000 per month.; Historic Mixed‑Use Property: A stunning three‑story brick building (c.1872).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message