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111 Martin Luther King Jr Blvd Savannah, GA 31401

For Sale
$5,500,000

Prime location, high traffic, restaurant & office space

Property size:
10,880 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents two adjoining commercial buildings totaling approximately 21,920 square feet in Savannah, Georgia's vibrant downtown. Located on Martin Luther King Jr. Boulevard, this property boasts a highly visible position with nearly 15,000 vehicles passing daily. The buildings, constructed in 1900 and renovated in 1990, offer a blend of retail and office space, currently housing a successful upscale restaurant (Repeal 33) on the ground floor of one building. The second building is currently vacant, providing flexibility for various uses. Each building is two stories, offering a total of approximately 21,920 square feet across both properties. The vacant spaces are adaptable to a range of tenants, from single occupants to multiple businesses. The property's strategic location near key tourist attractions, government buildings, and educational institutions makes it an attractive investment. The asking price for this combined property is $5,500,000, and the buildings can be sold individually or together. This presents a unique chance to acquire a significant commercial presence in a thriving downtown area. The property's size and location offer substantial potential for growth and return on investment. The existing restaurant tenant provides immediate income potential, while the vacant spaces offer opportunities for future development and lease income. The property's history and location in a rapidly developing area make it a compelling investment opportunity.

Property Features for 111 Martin Luther King Jr Blvd

General Information

Property type
Restaurants
Square Feet
10,880 SF

Building Details

Year Built/Renovated
1900/1990
Buildings
2
Stories
2

HighLights

  • Exceptional investment opportunity: Two adjoining commercial buildings totaling 21,920 square feet in Savannah, GA's vibrant downtown.
  • High‑visibility location on Martin Luther King Jr. Boulevard with nearly 15,000 vehicles passing daily.
  • 1900‑built buildings, renovated in 1990, offering retail and office space; one building houses a successful upscale restaurant (Repeal 33).
  • Second building is vacant, offering flexible use options for various tenants.
  • Asking price: $5,500,000; buildings can be sold individually or together.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bars

Suggested Use

Realty agency Restaurant Spa & Massage 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.

Location Insight

  • Map
  • Local Demand
City
Savannah
County
Chatham
State
Georgia
Longitude
-81.097695
Latitude
32.07976

FAQs

What type of property is this?
Restaurant - Prime location, high traffic, restaurant & office space
Where is this restaurant located?
The property is located at 111 Martin Luther King Jr Blvd Savannah, GA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Two adjoining commercial buildings totaling 21,920 square feet in Savannah, GA's vibrant downtown.; High-visibility location on Martin Luther King Jr. Boulevard with nearly 15,000 vehicles passing daily.; 1900-built buildings, renovated in 1990, offering retail and office space; one building houses a successful upscale restaurant (Repeal 33).
More about this property
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