Historic District Retail and Office
For Sale
$9,000,000
102-108 W Congress Street, Savannah, GA 31401
SINGLE_FAMILY - Savannah, GA
Property Size19,020 SF
Lot Size0.07 Acres
Price / SF$473.19
Days on Market175
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
Directions
Head west on E Bay St toward Habersham St, Turn left onto Jefferson St, Turn left onto W Congress St, Building will be on the left.
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
Legal 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
Listed By:
Elaine Seabolt · License #139140
(912) 224-7511
Added: Feb 11
Changed: Jul 8
Last Checked: Aug 5 at 6:06PM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,043
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Savannah, GA
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
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
