119 37Th St Savannah, GA 31401
This stunning, 7,262 square foot commercial property is located in beautiful Downtown Savannah, Georgia, on a highly visible boulevard. Exquisitely restored in 2018, this historic mansion (built in 1898) most recently operated as a fine-dining restaurant. The property boasts six separate dining rooms, a brick wine cellar, and multiple al fresco dining and event spaces, including fully landscaped outdoor patio areas. A magnificent foyer with a grand staircase welcomes guests. A preserved Sacred Heart Convent Chapel, featuring custom hand-painted murals and ornate stained glass, adds unique character. The custom-made bar was imported from England. The building is ADA compliant, includes an elevator, and features a barrel tile roof. All mechanical, plumbing, and HVAC systems have been updated. A detached carriage house provides additional apartment space and storage. Off-street parking is available. The 0.41-acre corner lot is zoned TC1, allowing for various uses including restaurants, offices, spas, and other hospitality businesses. The property received the Historic Savannah Foundation Preservation Award in 2019. The indoor seating capacity is 130 guests, with additional outdoor seating for over 100. The chapel can accommodate 80 guests. This is a rare opportunity to own a premier commercial space in the Southeast. Asking price: $3,300,000 ($454.42/sq ft). Three stories.
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La Scala Ristorante Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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