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    215 River St Savannah, GA 31401

    Sponsored
    For Lease
    $60 SF/Yr

    Prime Savannah Office, 6,202 SF Available

    Lot size:
    11,800 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    328
    This exceptional leasing opportunity presents ±6,202 square feet of commercial space in Savannah's Historic District, situated on River Street near the Lincoln Street Ramp and Bay Street. The property, a beautifully preserved 1860 building, offers a unique blend of traditional and creative office space, spanning three floors (2nd, 3rd, and 4th). With multiple access points from Bay Street, Factors Walk, and River Street, the space provides excellent visibility and accessibility. The building's total area is 11,800 square feet, divided into three suites, with a minimum divisible space of 1,266 square feet. The property sits on a 0.07-acre lot and is classified as a Class B building with five stories, but no elevators. The zoning is D-W (Downtown Waterfront), allowing for a variety of commercial uses, including retail and restaurants. This location benefits from Savannah's robust tourism industry, attracting over 9.7 million overnight visitors annually, generating over $4.4 billion in spending. The area is highly pedestrian-friendly, surrounded by shopping, dining, and planned residential developments, creating a vibrant "live, work, play" environment. Numerous parking options are available nearby. This is a rare chance to secure a prominent space in Savannah's thriving Historic Downtown. The APN is 20004 11003.

    Property Features for 215 River St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,800 SF
    Class
    B
    Total Rate
    59000

    Building Details

    Year Built
    1860
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    4th Floor
    Size
    2,399 SF
    Rate per SF
    $60
    Space
    2nd Floor
    Size
    1,266 SF
    Rate per SF
    $60
    Space
    3rd Floor
    Size
    2,537 SF
    Rate per SF
    $60

    HighLights

    • 11,800 total square feet, divisible into spaces as small as 1,266 square feet, with a maximum contiguous space of 6,202 square feet.
    • Three suites available in a five‑story, 1860‑built building, currently offering 6,202 square feet of vacant space.
    • Located in Savannah's Historic Downtown submarket, on River Street near the Lincoln Street Ramp, with access from Bay Street and Factors Walk.
    • Class B building with D‑W zoning, allowing for various commercial uses including retail and restaurants.
    • Strong location within a high‑demand area boasting over 9.7 million annual overnight visitors generating over $4.4 billion in spending.
    Property Profile Location Intelligence

    Current Use by Public Records

    Earthbound Trading Co. Women'S Clothing Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0879874
    Latitude
    32.0807098

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    FAQs

    What type of property is this?
    Restaurant - Prime Savannah Office, 6,202 SF Available
    Where is this restaurant located?
    The property is located at 215 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: 11,800 total square feet, divisible into spaces as small as 1,266 square feet, with a maximum contiguous space of 6,202 square feet.; Three suites available in a five-story, 1860-built building, currently offering 6,202 square feet of vacant space.; Located in Savannah's Historic Downtown submarket, on River Street near the Lincoln Street Ramp, with access from Bay Street and Factors Walk.
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    Savannah, GA 31401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 River St Savannah, GA 31401
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