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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

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.
More about this property
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