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Property profile & analytics
OFF-MARKET
Turn key restaurants

2019 Habersham St Savannah, GA 31401-8625

871 SF 0.05 ac lot
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US22-0724981
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Narobia's Grits & Gravy Restaurant
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
The Promise Land Of Savannah & Asso · 15 yrs held
The Promise Land Of Savannah & Asso
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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