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    207 Broughton St Savannah, GA 31401

    For Sale
    $6,500,000

    High-cap rate, multi-tenant property in Savannah's heart.

    Property size:
    10,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use investment opportunity is located at 207 West Broughton Street in Savannah, Georgia, within the vibrant D-CBD zoning district. The property, built in 1870 and extensively renovated between 2020 and 2023, comprises a four-story, 10,800 square foot building situated on a 2,700 square foot lot (APN 2001625003). Currently operating at 100% occupancy, the property features a diverse tenant mix including two established food and beverage businesses (a popular bar and a well-regarded restaurant) and two high-demand short-term vacation rental (STVR) units. The building offers a stabilized investment profile with a strong net operating income (NOI) of $330,348, resulting in a compelling 5.08% capitalization rate. The asking price is $6,500,000, translating to $601.85 per square foot. The lease type is NNN, providing a predictable income stream. This rare opportunity presents a chance to acquire a prime piece of Savannah real estate with the potential for significant future income growth, given the ongoing management transition and the inherent upside potential of the STVR units. The property's location on Broughton Street, Savannah's premier retail corridor, ensures high visibility and strong tenant demand. This is a 1031 exchange eligible property.

    Property Features for 207 Broughton St

    General Information

    Property type
    Restaurants
    Square Feet
    10,800 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1870/2020
    Buildings
    1
    Stories
    4
    Units
    4
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dottie's Market Savannah Restaurant

    Suggested Use

    Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.094560411405
    Latitude
    32.079612025378

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    FAQs

    What type of property is this?
    Restaurant - High-cap rate, multi-tenant property in Savannah's heart.
    Where is this restaurant located?
    The property is located at 207 Broughton St Savannah, GA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    Request Owner's contact information
    207 Broughton 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
    207 Broughton St Savannah, GA 31401
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