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Historic Savannah Building Office Space
For Lease
$28 SF/Yr

12 W State St, Savannah, GA 31401

Prime downtown office location with natural light and balcony.

Space SizeContact for details
Days on Market152

Property Features for 12 W State St

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1824
Listing Agency: Pier Commercial
Listed By: Ryan T. Schneider, CCIM · License #GA #157331
Source: Piercommercial
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 5 at 4:57AM

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 Pier Commercial

Investment Insights

Based on property information with market context.

Located in the heart of the downtown Savannah business district on State Street and Bull Street, this office space overlooks the historic federal courthouse and Wright Square. The location is very convenient to the financial district, food, shopping, and entertainment. The rent includes all costs except for utilities, which are billed monthly on a pro-rata basis. The space features terrific natural light, hardwood floors, and a full bath with shower. There is also a large balcony for tenant use and a fireplace in two offices. The property is located at 12 W State St, Savannah, GA 31401.

Key Highlights

  • Prime downtown Savannah office location on State Street and Bull Street.
  • Overlooks the historic federal courthouse and Wright Square.
  • Rent includes all costs except utilities.

Property Analytics

Current Use

Cointastic Jewelry (Bike/Boat/Book/etc) Store W PROJECTS Advertising Agency La Aparicion Speakeasy ... Bar & Pub Mint To Be Mojito ... Bar & Pub

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Butcher Carpet & Flooring Store

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,043
Businesses Nearby

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

$22.4 /SF/Yr
Avg Asking Price
$1.94–$56.4 /SF/Yr
Price Range
22,915 SF
Avg Space Size

This space is priced 25% above the average of $22.4 /SF/Yr.

Vacancy Rate% for Office in Savannah, GA

13.1% 2019
9.9% 2020
8.7% 2021
8.4% 2022
4.3% 2023
4.9% 2024
3.1% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Prime downtown office location with natural light and balcony.
Where is this office units located?
The property is located at 12 W State St Savannah, GA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime downtown Savannah office location on State Street and Bull Street.; Overlooks the historic federal courthouse and Wright Square.; Rent includes all costs except utilities.
More about this property
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