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Historic 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 Market2

Property Features for 301 W Bay Street

General Information

Property type Commercial Lease
Property subtype Other
Parking features On Street
Lot features City Lot, Near Public Transit
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 20016 02001
Size 27,300 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

parking garages

Building Details

Year built 1890
Building materials Brick
Listing Agency: Parker Scott Properties
Listed By: Michelle Parker · License #276851
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 6:06PM
MLS# 10837574

Copyright © 2026 Georgia Multiple Listing Service. 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 of 301 W Bay Street offers 5,460 square feet within a 27,300-square-foot brick building constructed in 1890. The space is available for lease and includes central heating and central air conditioning. Public water and public sewer serve the property, while on-street parking is available.

The building occupies the corner of Bay Street and Jefferson Street in Savannah’s Historic District, one block from River Street, Plant Riverside, and City Market. The site records more than 21,000 vehicles per day and is surrounded by two parking garages. Savannah receives over 14 million tourists annually, placing the property within a heavily visited commercial and visitor-oriented setting.

Key Highlights

  • 5,460‑square‑foot second‑floor retail space
  • Located within a 27,300‑square‑foot brick building constructed in 1890
  • Corner position at Bay Street and Jefferson Street in Savannah’s Historic District

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

$28.17 /SF/Yr
Avg Asking Price
$8.5–$80 /SF/Yr
Price Range
6,162 SF
Avg Space Size

This space is priced 60% above the average of $28.17 /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 - Upper-level commercial space in a brick historic building with central HVAC and public utilities.
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‑foot second‑floor retail space; Located within a 27,300‑square‑foot brick building constructed in 1890; Corner position at Bay Street and Jefferson Street in Savannah’s Historic District
More about this property
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