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    217 Bryan St Savannah, GA 31401

    View on Map
    For Lease
    $35 SF/Yr $4,958/Mo (calc)

    COMMERCIAL PROPERTY FOR LEASE

    Property size:
    1,700 SF - 1,850 SF
    Lease type:
    Gross
    Added:
    Apr 13, 2026
    Days on Market:
    25
    Last Refresh:
    May 4 at 10:14 pm

    Property Features for 217 Bryan St

    General Information

    Standard status
    Active
    Property type
    Office properties & Spaces
    Size
    1,700 SF - 1,850 SF
    Class
    A
    Elevators
    N/A
    Lease Type
    Gross Lease
    Lease Term
    3-4 Years
    Rate Type
    Yearly

    Building Details

    Year Built
    1880
    Year Renovated
    2009
    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Farooq Lone

    Listing agent Farooq

    Listing office

    Listing date Apr 13, 2026

    Overview

    Commercial Property in Historic District

    Located in Savannah's Historic Landmark District, this commercial property sits at Bryan Street and Barnard St in one of the city's most active hospitality and tourism corridors. The property is connected to the City Market, Broughton Street, and the Plant Riverside District, home to the JW Marriott Savannah and a major concentration of restaurants, bars, and entertainment venues. Immediately in front of the office is Ellis Square, Wexford, Savannah's Irish Pub, and The Darling Oyster Bar. Nearby operators include The Grey, Chive Sea Bar & Lounge, Savannah Tequila Company, and Jazz Tapas Bar, alongside numerous cocktail lounges and nightlife venues that generate steady pedestrian traffic throughout the day and evening. Savannah welcomes over 17 million visitors annually, generating more than $4 billion in tourism spending, making the Historic District one of the Southeast's strongest hospitality markets. The area is also supported by nearby SCAD campus buildings, boutique hotels, and convention traffic, creating consistent foot traffic from tourists, locals, and students. The property offers 1850 square feet of space. Ownership is seeking an initial lease term of five years, with the potential for multiple renewal options for qualified tenants. This structure provides flexibility for both parties while allowing operators the opportunity to establish and grow their concept in a prime downtown Savannah location.
    Location Intelligence

    Current Use by Public Records

    Every Angela C Law Firm Howard Barker Lane, ... Law Firm Thomas G. Whatley ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center 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.

    Similar Places Nearby

    • Shift Creative — 125 Martin Luther King Jr Blvd, Savannah, GA 31401, United States
    • Data Services of Georgia — 322 E Taylor St, Savannah, GA 31401
    • LSP Technologies, Inc — 35 Barnard St #201, Savannah, GA 31401, United States
    • LNB Tech — 112 Barnard St #8755, Savannah, GA 31412
    • Computer Solutions, Inc — 35 Barnard St #355, Savannah, GA 31401

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0925748
    Latitude
    32.0805269

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    FAQs

    What type of property is this?
    Office property - COMMERCIAL PROPERTY FOR LEASE
    Where is this office property located?
    The property is located at 217 Bryan St Savannah, GA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    (912) 657-8944
    We can help!
    Listing Contact
    Farooq Lone
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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