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    601 River St Savannah, GA 31401

    Sponsored
    For Lease
    Contact for pricing

    Prime Restaurant Space in New Hotel

    Lot size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional ground floor retail space, located at 601 E River St in Savannah, Georgia, presents a unique opportunity for a restaurant operator. Situated within the brand new, 170-room AC Hotel in the vibrant River Street East development, this space offers multiple entrances, convenient access from both the hotel lobby and the exterior, and benefits from the high foot traffic of this exciting new district. The property boasts an outdoor terrace, ideal for al fresco dining, and is surrounded by 1,654 other retailers and businesses. River Street East enjoys a walkability score of 85, and features 320 parking spaces, ensuring convenient access for customers. Its prime location between the Eastern Wharf district and central River Street places it at the heart of Savannah's burgeoning tourism and residential scene, with easy access to the Waving Girl ferry dock, providing convenient transportation throughout the city. Built in 2023, this space is ready for immediate occupancy and offers a chance to establish a thriving business in one of Savannah's most dynamic and rapidly growing areas. The property is a single-tenancy space in a building constructed in 2023, located in Chatham County, Georgia, zip code 31401.

    Property Features for 601 River St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,100 SF

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Size
    2,100 SF

    HighLights

    • Ground floor retail space in Savannah, GA's River Street East development, ideal for a restaurant.
    • Located within the new 170‑room AC Hotel, offering multiple entrances and high foot traffic.
    • Features an outdoor terrace and is conveniently located near the Eastern Wharf and central River Street.
    • 320 parking spaces and a walkability score of 85.
    • Single‑tenancy space, built in 2023, ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    AC Hotel Savannah ... Hotel

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0833432
    Latitude
    32.0792838

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space in New Hotel
    Where is this restaurant located?
    The property is located at 601 River St Savannah, GA.
    What are key features of this property?
    This property features: Ground floor retail space in Savannah, GA's River Street East development, ideal for a restaurant.; Located within the new 170-room AC Hotel, offering multiple entrances and high foot traffic.; Features an outdoor terrace and is conveniently located near the Eastern Wharf and central River Street.
    Request Owner's contact information
    601 River St Savannah, GA 31401
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    Savannah, GA 31401
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    Realmo Value Estimation

    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.

    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.

    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
    601 River St Savannah, GA 31401
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