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Two-Story Multi-Tenant Retail Building
For Sale
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223 West Broughton Street, Savannah, GA 31401

Two-story multi-tenant retail building with first- and second-floor tenants operating under modified gross leases.

Property SizeContact for details
Days on Market124

Property Features for 223 West Broughton Street

General Information

Standard status Active
Property subtype Retail

Building Details

Stories 2
Tenancy Multi
Listing Agency: JLL - Atlanta, Georgia
Listed By: Kris Cooper · License #GA 144508
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:35AM

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 JLL - Atlanta, Georgia

Investment Insights

Based on property information with market context.

This is a two-story, multi-tenant retail building being offered for fee simple interest. The property includes two street-facing tenant spaces: Palm Avenue occupies 1,889 square feet on the first floor, and Alton Lane occupies 2,269 square feet on the second floor. Both tenants operate under modified gross leases.

The building is located along Broughton Street in downtown Savannah’s Historical District.

The asset presents a mixed-use retail configuration with two levels of leasing in place, positioned within a dedicated retail corridor.

Key Highlights

  • 2‑story, multi‑tenant retail building on Broughton Street in downtown Savannah’s Historical District
  • Palm Avenue tenant space: 1,889 SF on the first floor
  • Alton Lane tenant space: 2,269 SF on the second floor

Property Analytics

Current Use

Locally Made Savannah Grocery & Convenience Store

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,043
Businesses Nearby
330k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 36% Shops & Services 27% Dining 20% Apparel 11%
Parker's Kitchen Shops & Services
23,226 visits/mo 0.5 miles
Parker's Kitchen Shops & Services
16,514 visits/mo 0.3 miles
Gap Apparel
16,199 visits/mo 0.0 miles
Hotel Indigo Savannah Historic District Hotels & Casinos
15,469 visits/mo 0.1 miles
McDonald's Dining
14,310 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

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Two-story multi-tenant retail building with first- and second-floor tenants operating under modified gross leases.
Where is this retail space located?
The property is located at 223 West Broughton Street Savannah, GA.
What are key features of this property?
This property features: 2‑story, multi‑tenant retail building on Broughton Street in downtown Savannah’s Historical District; Palm Avenue tenant space: 1,889 SF on the first floor; Alton Lane tenant space: 2,269 SF on the second floor
More about this property
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