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16 W State Street, Savannah, GA

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16 W State Street

Savannah, GA 31401 - Downtown Savannah Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1890
Building Size:3,780 SF Land Area:.04 AC (1,891 SF)
For Sale Price:$1,100,000 Price/SF:$291.01
Cap Rate:4.10 %
Parking:Ratio of 1.31/1,000 SF
Features:Bus Line, Pylon Sign, Signage

Sale Notes:
Turn key restaurant space on ground floor, currently leased by Super Taste. Tenant is m-to-m and is paying $3800/mo NNN. Second floor is a raw shell and would make an incredible office or loft space. All FFE conveys with property with exception of tables/chairs/booths/chest freezer. Perfect property for restaurant user to purchase and take over ground floor and renovate 2nd floor to cash flow property.
Historic downtown property located between Bull and Whitaker St. on State Street, near Wright Square and CVS. North side of street.

Judge Realty
Michael Hardy
(912) 236-1000

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