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Property profile

1921 Bull St Savannah, GA 31401

OFF-MARKET
Specialty properties
Property ID
US22-0678448
5,625 SF 0.15 ac lot Built 1899

Property summary

AI-generated overview

This exceptional Savannah property, the "Gingerbread House," presents a unique investment and lifestyle opportunity. Built in 1899, this meticulously maintained Class A, two-story Victorian building offers 5,625 square feet of space, currently configured as a successful bed and breakfast with a liquor license. The 3,868 square feet of vacant space offers significant expansion potential. The property sits on 0.15 acres in Savannah's vibrant Starland District, zoned TC-1. The interior boasts five bedrooms and two bathrooms, including separate men's and women's restrooms on the main level, ideal for events. A double parlor, additional living room, and a charming courtyard enhance the property's appeal. Fully furnished by a professional interior designer, the Gingerbread House seamlessly blends historic charm with modern luxury. Its prime location, adjacent to popular local businesses like Foxy Loxy Cafe and E. Shaver's Bookstore, provides easy access to Savannah's cultural and culinary scene. This turnkey operation offers immediate income generation, while the substantial vacant space allows for creative expansion and adaptation. The property is offered as a Net Net Net (NNN) lease. This is a rare chance to own a piece of Savannah's rich history and capitalize on its thriving tourism market.

Property profile

Verified
Property type Specialty properties
Year built 1899
Total area 5,625 SF
Lot 0.15 ac (6,534 SF)
UPID US22-0678448

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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