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Property profile & analytics
OFF-MARKET
Bars & Pubs

119 37Th St Savannah, GA 31401

7,262 SF 0.41 ac lot Built 1898
Property ID
US22-1139558
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Year built 1898
Total area 7,262 SF
Lot 0.41 ac (17,860 SF)
UPID US22-1139558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Scala Ristorante Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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