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Second-Floor Retail Space
New
For Lease
$45 SF/Yr

301 W Bay Street, Savannah, GA 31401

Commercial Lease, Savannah, GA

Space Size5,460 SF
Property Size27,300 SF
Lot Size0.12 Acres
Days on Market3

Property Features for 301 W Bay Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning BG
Appliances Electric Water Heater, Some Commercial Grade
Directions From President St, turn right onto Gen McIntosh Blvd, then turn left onto Jefferson St. The building is on your right, located on the corner of West Bay and Jefferson.
Standard status Active
APN 2001602001
Size 23,914 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 1 FRANKLIN WD
Tax Annual Amount 102656
Legal Description LT 1 FRANKLIN WD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

parking garages

Building Details

Year built 1890
Floors in Building 4
Building materials Brick
Listing Agency: Parker Scott Properties
Listed By: Michelle Parker · License #276851
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 29 at 3:06PM
MLS# SA363525

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The second floor offers 5,460 square feet for lease within a brick commercial building constructed in 1890. The property is served by central electric heating and cooling, public water, and public sewer, with BG zoning supporting its commercial setting. Multiple lease options are available for the space.

Located at 301 W Bay Street in Savannah’s Historic District, the building occupies the corner of Bay Street and Jefferson Street. River Street, Plant Riverside, and City Market are each one block away. The surrounding area records traffic of more than 21,000 vehicles per day and annual visitation exceeding 14 million tourists. Two parking garages near the property provide access for customers and employees.

Key Highlights

  • 5,460 square feet of second‑floor retail space available for lease
  • Brick commercial building constructed in 1890
  • Located at 301 W Bay Street at the corner of Bay Street and Jefferson Street

Property Analytics

Current Use

Bay Cafe Restaurant TEA Electric Utility Company The Strand Bar Bar & Pub Staybridge Suites Savannah ... Hotel & Motel FPE Inc Construction Company

Suggested Use

Top Pick HVAC Service Auto Parts Store Veterinary Clinic Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) 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

21,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,723
Businesses Nearby
278k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 23% Dining 19% Apparel 12%
Parker's Kitchen Shops & Services
16,514 visits/mo 0.5 miles
Gap Apparel
16,199 visits/mo 0.2 miles
Hotel Indigo Savannah Historic District Hotels & Casinos
15,469 visits/mo 0.0 miles
McDonald's Dining
14,310 visits/mo 0.2 miles
Hilton Garden Inn Savannah Historic District Hotels & Casinos
14,170 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

Lease Benchmarks for Savannah, GA

$26.68 /SF/Yr
Avg Asking Price
$8.5–$80 /SF/Yr
Price Range
5,439 SF
Avg Space Size

This space is priced 69% above the average of $26.68 /SF/Yr.

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Flexible commercial space within a brick building offering central HVAC, public utilities, and access to nearby parking garages.
Where is this retail space located?
The property is located at 301 W Bay Street Savannah, GA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 5,460 square feet of second‑floor retail space available for lease; Brick commercial building constructed in 1890; Located at 301 W Bay Street at the corner of Bay Street and Jefferson Street
More about this property
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