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Historic Downtown Savannah Retail Opportunity
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215 E River St, Savannah, GA 31401

Unique leasing opportunity in Savannah's Historic Downtown River Street.

Space Size1,266 SF - 2,537 SF
Property Size11,800 SF
Days on Market569

Property Features for 215 E River St

General Information

Standard status Active
Size 1,266 SF - 2,537 SF
Class B
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 11,800 SF
Year Built 1860
Tenancy Multiple

Spaces For Lease

at 215 E River St Contact us

2nd Floor

Size
1,266 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

3rd Floor

Size
2,537 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

4th Floor

Size
2,399 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN - Savannah
Listed By: Adam Bryant · License #GA 279255
Source: Crexi
Added: Feb 10, 2025 Changed: Sep 1 Last Checked: Sep 1 at 10:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN - Savannah

Investment Insights

Based on property information with market context.

Located in the high barrier-to-entry market of River Street, Factors Walk, and Bay Street in Historic Downtown Savannah, Georgia, 215 E River Street presents a unique leasing opportunity. Constructed in 1860 as a cotton warehouse, the property offers approximately 6,202 square feet for lease across three floors (2nd, 3rd, and 4th) with access from Bay Street, Factors Walk, and River Street. Several parking options are available nearby. The current zoning, D-W (Downtown Waterfront), permits various commercial uses, including general retail and restaurants. Situated on Bay Street near the Lincoln Street Ramp of River Street, the property benefits from its location in Historic Downtown Savannah, which attracts a strong tourism base. The area sees over 9.7 million overnight visitors annually, contributing over $4.4 billion in spending, with an average stay of just under 3 days. The Historic District and River Street are pedestrian-friendly, offering numerous shopping and dining experiences. Planned residential developments will further enhance the area, providing live, work, and play opportunities.

Key Highlights

  • Located in the high barrier‑to‑entry market of River Street, Factors Walk, and Bay Street in Historic Downtown Savannah.
  • Zoned D‑W (Downtown Waterfront) allowing for a variety of commercial uses including retail and restaurants.
  • Located in a high‑traffic tourist area with 9.7 million overnight visitors spending over $4.4 billion annually.

Property Analytics

Current Use

Earthbound Trading Co. Clothing & Fashion Store

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom Plumbing Service

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

NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,723
Businesses Nearby
278k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 23% Dining 19% Apparel 12%
Parker's Kitchen Shops & Services
16,514 visits/mo 0.5 miles
Gap Apparel
16,199 visits/mo 0.2 miles
Hotel Indigo Savannah Historic District Hotels & Casinos
15,469 visits/mo 0.0 miles
McDonald's Dining
14,310 visits/mo 0.2 miles
Hilton Garden Inn Savannah Historic District Hotels & Casinos
14,170 visits/mo 0.1 miles

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

Lease Benchmarks for Savannah, GA

$28.17 /SF/Yr
Avg Asking Price
$8.5–$80 /SF/Yr
Price Range
6,162 SF
Avg Space Size

This space is priced 113% above the average of $28.17 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Unique leasing opportunity in Savannah's Historic Downtown River Street.
Where is this retail space located?
The property is located at 215 E River St Savannah, GA.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Located in the high barrier‑to‑entry market of River Street, Factors Walk, and Bay Street in Historic Downtown Savannah.; Zoned D‑W (Downtown Waterfront) allowing for a variety of commercial uses including retail and restaurants.; Located in a high‑traffic tourist area with 9.7 million overnight visitors spending over $4.4 billion annually.
(912) 667-2740 Call to check price and availability
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