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    OFF-MARKET
    Bed & breakfasts

    1921 Bull St, Savannah, GA 31401

    5,625 SF 0.15 ac lot Built 1899
    Property ID
    US22-0678448
    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 Bed & breakfasts
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Gingerbread House Hotel & Motel Resort
    • E. Shaver, Starland (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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