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Property profile & analytics

21 Bay St Savannah, GA 31401-1252

  • Investment properties
  • 8,280 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
May 22, 2025
Value Estimations
$1,390,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-1803931
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

  • Moon River Brewing Company / Event Venue / Restaurant
  • Karl Locksmith & Keys / Locksmith

Property Details for 21 Bay St

Year built
1890
Lot size
0.06 lot acres
Property size
8,280 SF
Zone code
BC1
Property type
Investment properties
Property subtype
Live-work space
APN
2-0004 -15-011A
APU
2000415011A

Description

This exceptional 15,000-square-foot restaurant space at 21 West Bay Street and 2 Whitaker Street in Savannah, Georgia, presents a rare opportunity. Located in the heart of Historic Downtown Savannah, this single-tenant property boasts a rich history, having served as the First City Hotel since its completion in 1821, designed by renowned architect William Jay. Most recently occupied by Moon River Brewery and Beer Garden, this corner location offers unparalleled visibility and high traffic counts at the intersection of Bay and Whitaker Streets. Its prime location places it within easy walking distance of Savannah's most popular tourist attractions, including River Street, City Market, Broughton Street, and Plant Riverside District, ensuring a constant flow of potential customers. The building itself is brimming with architectural charm, featuring abundant natural light, exposed brick walls, and original hardwood floors, creating a unique and inviting atmosphere. This 0.13-acre site in Chatham County offers a chance to establish a thriving business within a vibrant and historically significant setting. The property's character and location make it ideal for a restaurant or similar high-traffic retail establishment seeking a memorable and well-situated space. Don't miss this chance to become part of Savannah's enduring legacy.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,565,000
    6.5%
    $1,440,000
    7%
    $1,340,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Savannah
County
Chatham
State
Georgia
Longitude
-81.0905
Latitude
32.0805
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
$158,560
$381,440
$540,000
-
$396,400
$953,600
$1,350,000
More about this property
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