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Property profile & analytics

1721 Waters Ave Savannah, GA 31404

  • Bars
  • 400 SF
  • 0.13 lot acres
For Sale
Last Sale
Nov 02, 2020
$176,292
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-4354862
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Avenue Bar &Grill / Bar

Property Details for 1721 Waters Ave

Year built
1913
Lot size
0.13 lot acres
Property size
400 SF
Zone code
RB
Property type
Bars
Property subtype
Pubs
APN
2-0055 -24-013
APU
2005524013

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Savannah
County
Chatham
State
Georgia
Longitude
-81.0829
Latitude
32.0554
CBSA code
42340
CBSA name
SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$11,080
$70,880
$81,960
-
$27,700
$177,200
$204,900
More about this property
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