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Executive Summary

300 Drayton Street is a four-story 1916 brick and cast stone landmark at the corner of Drayton and Liberty, in the heart of Savannah's National Historic Landmark District. The 24,141 SF building holds four thriving income streams under one roof: the beloved restaurant Hitch on the ground floor, a mixture of offices and executive suites on the floors above, and a stunning 6,000 SF penthouse on floor 4 operated as a short-term rental, complete with a 4,000 SF furnished rooftop deck with direct Cathedral views. The sale also includes the adjacent 5,200 SF paved lot on Liberty Street, a true rarity downtown where off-street parking is nearly impossible to find.
The building generates roughly $777,000 in gross income today, with short, flexible terms that put future growth entirely in the new owner's hands. Demand is strong: a lease is already pending on one suite, an existing tenant recently expanded into a second, and CBD vacancy sits at just 3.4% with zero SF under construction. D-N zoning on both parcels opens the door to office, hospitality, or residential possibilities down the road. Offered at $11,000,000 with a clear path from a 4.68% cap in place to 5.21% proforma. Walk Score 97. Tours by appointment only.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
24,141 SF
Building Class
B
Year Built
1916
Price
$11,000,000
Price Per SF
$455.66
Cap Rate
4.68%
NOI
$514,844
Percent Leased
93%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,779 SF
Slab To Slab
13’
Building FAR
1.79
Lot Size
0.31 AC
Zoning
RIPA - 597 - Mixed Retail W/ Office Units and Residential Penthouse

Amenities

  • Bus Line
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • The Peterson Company
  • -
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
The Peterson Company - - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 3rd Fl-Ste 301
  • 1,529 SF
  • Office
  • -
  • Now

Ideally positioned on the third floor of 300 Drayton Street, this thoughtfully laid-out office suite offers a solution for professional firms seeking a functional workspace in the heart of Savannah's historic business district. The 1,529 square foot suite features five private offices, a dedicated conference room, a copy/work room, and a welcoming admin/reception and waiting area. This layout is perfectly suited for law firms, financial advisory practices, consulting groups, and professional services teams. Suite Highlights: - 5 private offices ideal for attorneys, advisors, or executive staff - Conference room for client meetings and team collaboration - Copy/work room for day-to-day operational needs - Reception and waiting area to create a polished first impression for clients - Common area restrooms conveniently located just outside the suite - Dedicated garage parking Enjoy the prestige of a Drayton Street address with easy access to the Savannah courthouse, downtown amenities, and public parking. The building's common areas are well-maintained, and the third-floor location provides privacy and separation from street-level activity.

  • 3rd Fl-Ste Unit D
  • 142 SF
  • Office
  • -
  • Now

A rare opportunity to secure a prestigious downtown address without the overhead of a full-floor commitment. This compact, move-in ready private office on Drayton Street is ideal for solo practitioners, independent consultants, remote professionals, or anyone seeking a dedicated, professional workspace in the heart of Savannah. Suite Highlights: - Private, enclosed office space that is perfect for focused, confidential work - Common area restrooms conveniently located just outside the suite - Prestigious 300 Drayton Street address in Savannah's historic business district Enjoy all the benefits of a professional office environment with the flexibility of a right-sized footprint. Ideal for attorneys, therapists, financial advisors, notaries, or any professional who needs a polished space to meet clients and get work done.

Space Size Space Use Build-Out Available
3rd Fl-Ste 301 1,529 SF Office - Now
3rd Fl-Ste Unit D 142 SF Office - Now

3rd Fl-Ste 301

Size
1,529 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste Unit D

Size
142 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste 301

Size 1,529 SF
Space Use Office
Build-Out -
Available Now

Ideally positioned on the third floor of 300 Drayton Street, this thoughtfully laid-out office suite offers a solution for professional firms seeking a functional workspace in the heart of Savannah's historic business district. The 1,529 square foot suite features five private offices, a dedicated conference room, a copy/work room, and a welcoming admin/reception and waiting area. This layout is perfectly suited for law firms, financial advisory practices, consulting groups, and professional services teams. Suite Highlights: - 5 private offices ideal for attorneys, advisors, or executive staff - Conference room for client meetings and team collaboration - Copy/work room for day-to-day operational needs - Reception and waiting area to create a polished first impression for clients - Common area restrooms conveniently located just outside the suite - Dedicated garage parking Enjoy the prestige of a Drayton Street address with easy access to the Savannah courthouse, downtown amenities, and public parking. The building's common areas are well-maintained, and the third-floor location provides privacy and separation from street-level activity.

3rd Fl-Ste Unit D

Size 142 SF
Space Use Office
Build-Out -
Available Now

A rare opportunity to secure a prestigious downtown address without the overhead of a full-floor commitment. This compact, move-in ready private office on Drayton Street is ideal for solo practitioners, independent consultants, remote professionals, or anyone seeking a dedicated, professional workspace in the heart of Savannah. Suite Highlights: - Private, enclosed office space that is perfect for focused, confidential work - Common area restrooms conveniently located just outside the suite - Prestigious 300 Drayton Street address in Savannah's historic business district Enjoy all the benefits of a professional office environment with the flexibility of a right-sized footprint. Ideal for attorneys, therapists, financial advisors, notaries, or any professional who needs a polished space to meet clients and get work done.

Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
2001533016
Land Assessment
$232,040
Improvements Assessment
$2,739,880
Total Assessment
$2,971,920
  • Listing ID: 41576844

  • Date on Market: 8/6/2026

  • Last Updated:

  • Address: 300 Drayton St, Savannah, GA 31401

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