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Three-Story Historic Mixed-Use Building
New
For Lease
$2,100,000

132 E Oglethorpe Ave, Savannah, GA 31401

Brick property combining an operating restaurant with an upper-level two-bedroom residence and active STVR licensing.

Space SizeContact for details
Days on Market5

Property Features for 132 E Oglethorpe Ave

General Information

Standard status Active
Property subtype Commercial
Zoning RIPA

Building Details

Year Built 1872
Stories 3
Construction brick
Listing Agency: Engel & Volkers
Listed By: Richard G. Mopper () · License #27456
Source: Beachandforestrealty
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 2:51PM

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 Engel & Volkers

Investment Insights

Based on property information with market context.

Built in 1872, this three-story brick property combines commercial and residential components within Savannah’s Historic District. The garden level is configured as a fully operating restaurant, while the two upper floors contain a two-bedroom, two-and-a-half-bath residence with abundant natural light and historic architectural character. An active STVR license supports short-term rental use of the residential portion, subject to applicable requirements.

The property is located at 132 E. Oglethorpe Avenue, near Savannah’s historic squares, restaurants, boutique shopping, and cultural attractions. RIPA zoning is identified for the property, adding a specific land-use designation to the mixed-use configuration.

Key Highlights

  • Three‑story brick building constructed in 1872
  • Garden level contains a fully operating restaurant
  • Upper floors include a two‑bedroom, two‑and‑a‑half‑bath residence

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,405
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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combining an operating restaurant with an upper-level two-bedroom residence and active STVR licensing.
Where is this mixed-use property located?
The property is located at 132 E Oglethorpe Ave Savannah, GA.
What is the lease rate?
The lease rate is $2,100,000.
What are key features of this property?
This property features: Three‑story brick building constructed in 1872; Garden level contains a fully operating restaurant; Upper floors include a two‑bedroom, two‑and‑a‑half‑bath residence
More about this property
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