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About This Home

This 0-bedroom, 6-bathroom single family at 115 E Bay Street in Savannah, GA is listed for $3,999,000 ($786 per sqft). Built in 1825, the home offers 5,085 sqft of living space on a 0.26 acres lot.

Agent Description

Looking for a premier investment opportunity featuring a top-level location optimized for dual-business success? 115 East Bay Street is just the place! The building offers 5085 square feet of heated and cooled space along with approx 1300 of basement storage and 600 square feet of outdoor beer garden area.

The first floor is occupied by the highly successful restaurant, Treylor Park, which recently renewed a solid, long-term triple net lease. The top two floors operate as a small B&B and consists of four luxury rental units, each offering 600 square feet of high-end Short Term Vacation Rental (STVR) space, currently managed by Lucky Savannah.

Lease terms for the restaurant and the Profit & Loss statements for the Suites at Bay are available to pre-qualified buyers upon request. Additionally, the owner is willing to consider private long-term financing with an appropriate down payment or could be a solid 1031 exchange opportunity! Please let me know if you would like to discuss this opportunity further.

Key Features

  • Built in 1825
  • 0.26 acre lot
  • 3 stories

Property Details

3 stories
6 full
1825

Amenities

A/C

Monthly Cost Estimate

$21,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166

Estimates only. Actual payments may vary.

Location

115 E Bay Street

Savannah, GA 31401

Property Details

Flooring

Wood

Construction

Brick

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

Electric Water HeaterSome Commercial Grade

Questions & Answers

This 0-bedroom, 6-bathroom single family at 115 E Bay Street is listed at $3,999,000 ($786/sqft). The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.

Key features include: Built in 1825, 0.26 acre lot, 3 stories.

This property is listed by Kim L. Iocovozzi and can be reached at 9128443261 or kimiocovozzi@gmail.com.

KI

Kim L. Iocovozzi

Agent at Keller Williams Coastal Area P

(912) 844-3261

Listed by Keller Williams Coastal Area P

MLS# SA355805· Source: listhub· Updated 21 days ago

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115 E Bay Street, Savannah, GA 31401

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