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    215 E River St Savannah, GA 31401
    Property profile & analytics

    215 E River St Savannah, GA 31401


    • Investment properties
    • 11,800 SF
    • 0.06 lot acres
    Historic Downtown Savannah Retail Opportunity For Lease
    $1,480,000
    6,202 SF

    Historic Downtown Savannah Retail Opportunity

    Unique leasing opportunity in Savannah's Historic Downtown River Street.

    215 E River St, Savannah, GA 31401
    View Listing
    Property ID
    US22-1665906
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Earthbound Trading Co. / Clothing & Fashion Store

    Property Details for 215 E River St

    Year built
    1860
    Lot size
    0.06 lot acres
    Property size
    11,800 SF
    Zone code
    BB
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    2-0004 -11-003
    APU
    2000411003

    Description

    This exceptional leasing opportunity presents ±6,202 square feet of commercial space in Savannah's Historic District, situated on River Street near the Lincoln Street Ramp and Bay Street. The property, a beautifully preserved 1860 building, offers a unique blend of traditional and creative office space, spanning three floors (2nd, 3rd, and 4th). With multiple access points from Bay Street, Factors Walk, and River Street, the space provides excellent visibility and accessibility. The building's total area is 11,800 square feet, divided into three suites, with a minimum divisible space of 1,266 square feet. The property sits on a 0.07-acre lot and is classified as a Class B building with five stories, but no elevators. The zoning is D-W (Downtown Waterfront), allowing for a variety of commercial uses, including retail and restaurants. This location benefits from Savannah's robust tourism industry, attracting over 9.7 million overnight visitors annually, generating over $4.4 billion in spending. The area is highly pedestrian-friendly, surrounded by shopping, dining, and planned residential developments, creating a vibrant "live, work, play" environment. Numerous parking options are available nearby. This is a rare chance to secure a prominent space in Savannah's thriving Historic Downtown. The APN is 20004 11003.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,225,000
      6.5%
      $2,055,000
      7%
      $1,910,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,999,000
      Market price range: $568k - $2.67M

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


    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.088
    Latitude
    32.0807
    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
    $118,160
    $1,232,320
    $1,350,480
    -
    $295,400
    $3,080,800
    $3,376,200
    View Listing
    More about this property
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