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    FOR SALE
    Bars & Pubs

    1721 Waters Ave, Savannah, GA 31401

    400 SF 0.13 ac lot Built 1913
    Individually Owned ~ Est. High Equity
    Property ID
    US22-4354862
    Property summary
    AI-generated overview

    This well-established Savannah bar and restaurant, located at 1721 Waters Ave, is offered for sale at $825,000. Boasting 1,936 square feet of interior space and a 5,532 square foot lot, this turnkey operation includes a fully equipped kitchen, bar area, and spacious outdoor courtyard. Currently operating at 100% occupancy, the business benefits from a loyal customer base and prime visibility on a busy road, minutes from downtown Savannah and its vibrant entertainment district. The TC-1 zoning allows for diverse uses, presenting significant expansion opportunities. The property is equipped with state-of-the-art sound systems, lighting, and kitchen appliances, and all necessary licenses and permits are up-to-date. Detailed financial records are available upon request for serious inquiries. The current owner's retirement plans present a unique opportunity for a new owner to acquire a thriving business with potential for further growth through menu expansion, delivery services, or increased marketing. The property's location near hotels and tourist attractions ensures continued customer traffic. This is a rare chance to own a successful, established business in a high-demand area of Savannah, Georgia. The property's APN is 2005524013.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1913
    Total area 400 SF
    Lot 0.13 ac (5,536 SF)
    Zoning code RB
    APN 2-0055 -24-013
    UPID US22-4354862
    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
    • The Avenue Bar &Grill Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Terrance Green
    Terrance Green
    since 2026
    Last sale
    $176,292
    5 recorded transactions
    2026
    $176,274
    2020
    $176,292
    2017
    2010
    $160,669
    2008
    $140,000
    Zoning & alternative use
    RB · Savannah, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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