301-315 East Congress St Savannah, GA 31401
Single-tenant property in Savannah's historic district with redevelopment potential.
Property Features for 301-315 East Congress St
General Information
- Zoning
- BC1 - Central Business – Historic District Overlay
Source:
Tcnworldwide
Listing Agency: Bull Realty Listing Agent: Michael Bull, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Savannah Corner Site Investment Opportunity
This single-tenant property offers a double net leased investment opportunity with a strong tenant and redevelopment upside. Located on an approximately 16,988 square foot corner site, the property is situated in the rapidly developing north historic district of Savannah. The lease extends through October 31, 2029, without tenant renewal options. The current rent is $618,000.00, paid at $51,500 per month, with annual rental escalations of 3% each November. Landlord expenses are limited to property taxes, which were $16,869.56 in 2025, resulting in an annual net operating income of $601,130.44. The zoning is BC1 - Central Business – Historic District Overlay, allowing for flexible use and density for redevelopment. The landlord has the right to cancel the lease upon selling or redeveloping the property. Parking demand in the area is increasing rapidly.
Location Intelligence
Current Use by Public Records
NNN properties
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.0881845
- Latitude
- 32.0785425
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - Single-tenant property in Savannah's historic district with redevelopment potential.
Where is this nnn property located?
The property is located at 301-315 East Congress St Savannah, GA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: - High annual net operating income of $601,130.44.; - Strong tenant with a double net lease through October 31, 2029.; - Valuable corner site of ±16,988 SF in the rapidly developing north historic district of Savannah.
