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Property profile & analytics
OFF-MARKET
Turn key restaurants

30 Martin Luther King Jr Blvd Savannah, GA 31401-2418

2,160 SF 0.03 ac lot Built 1893
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US22-0801667
Property summary
AI-generated overview

This exceptional Savannah restaurant and bar space, located at 30-32 Martin Luther King Jr. Boulevard, presents a unique leasing opportunity. The property boasts a newly renovated, multi-story building ideally situated in the vibrant heart of Savannah's bustling tourist and nightlife district. Its prime location places it amidst Savannah's top attractions, ensuring high visibility and foot traffic. The building is configured as a single-tenancy space, perfect for a discerning operator seeking a turnkey establishment. Modern additions enhance the functionality and appeal of this already desirable location. The address is 30-32 Martin Luther King Jr. Boulevard, Savannah, Georgia, 31405. This is a rare chance to secure a well-positioned, updated property in a high-demand area known for its thriving hospitality scene. The building's multi-story design offers ample space for both front-of-house operations and back-of-house functions, providing flexibility for a variety of restaurant and bar concepts. The property's location within Savannah's dynamic tourist and entertainment district promises significant potential for revenue generation. This is an exceptional opportunity for a business looking to establish or expand its presence in a thriving market. The building's modern renovations ensure a contemporary and efficient operational environment. Interested parties are encouraged to inquire further to explore this exciting opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1893
Construction FRAME
Total area 2,160 SF
Lot 0.03 ac (1,381 SF)
Zoning code BC1
APN 2-0016 -09-003
UPID US22-0801667
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
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
White Blob LLC · 7 yrs held
White Blob LLC
since 2018
1 recorded transaction
2018
$1.2M
Zoning & alternative use
BC1 · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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