Technical
Financial
Distress signals
Property profile

2019 Habersham St Savannah, GA 31401

FOR LEASE
Turn key restaurants
Property ID
US22-0724981
871 SF 0.05 ac lot
Individually Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Savannah commercial property, located at 2019 Habersham Street, presents a unique investment opportunity. The 2,178 square foot building, situated on a 0.05-acre lot, boasts a prime Midtown location with high visibility and foot traffic, benefiting from approximately 6,000 vehicles passing daily. Originally built in 1995 as a 700 square foot restaurant, it underwent a complete renovation in 2020, expanding to two stories and incorporating three new HVAC systems and a new roof. Currently configured as a restaurant, the property features a fully equipped commercial kitchen, three restrooms, and an outdoor balcony with seating for 70 patrons. The building's zoning is TC-1, offering flexibility for various uses. Its central location provides easy access to key areas, including East Broughton Street (8 minutes away) and Oglethorpe Mall (approximately 10 minutes away). This meticulously renovated property offers a blend of modern amenities and a desirable Savannah address, making it an ideal investment for discerning buyers. The property's Class B designation reflects its quality and recent upgrades.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 871 SF
Lot 0.05 ac (2,178 SF)
Zoning code RB
APN 2-0065 -16-006
UPID US22-0724981

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
  • Restaurant

Location

2019 Habersham St Savannah, GA 31401
Savannah metro Census 11400 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2011
5 recorded transactions
2023
Price N/A
2011
$190,000
2011
$190,000
2010
Price N/A
2008
Price N/A

Zoning & alternative use

RB · Savannah, GA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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