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31 W congress St 15,228 SF 87% Leased Office Building Savannah, GA 31401 $7,100,000 ($466.25/SF)
Investment Highlights
- Prime corner location in Savannah's Historic District
- Five-story, ±19,075 SF historic building renovated in 2020
- Steps from Broughton Street, City Market, Ellis Square, and Johnson Square
- Mixed-use investment with retail, commercial, and hospitality tenants
- Recent capital improvements including façade, HVAC, and window upgrades
- Positioned near Savannah's newest luxury hotel developments and premier tourist attractions
Executive Summary
Colliers | Savannah is pleased to present an exceptional investment opportunity at 31 W Congress Street, a prominently located mixed-use property in the heart of downtown Savannah. Situated at the high-traffic corner of Whitaker and Congress Street, this asset features ground floor retail and basement office space paired with Stay Heirloom’s luxury vacation rentals occupying the upper floors.
Positioned just steps from Broughton Street, City Market, Ellis Square, and Savannah's newest luxury hotel developments, the property benefits from exceptional pedestrian traffic, strong tourism fundamentals, and long-term demand driven by Savannah's thriving hospitality, retail, and cultural economy. Recent capital improvements, a prime corner location, and walkable access to the city's premier dining, shopping, and entertainment destinations make this an exceptional opportunity for investors seeking a landmark downtown asset.
Positioned just steps from Broughton Street, City Market, Ellis Square, and Savannah's newest luxury hotel developments, the property benefits from exceptional pedestrian traffic, strong tourism fundamentals, and long-term demand driven by Savannah's thriving hospitality, retail, and cultural economy. Recent capital improvements, a prime corner location, and walkable access to the city's premier dining, shopping, and entertainment destinations make this an exceptional opportunity for investors seeking a landmark downtown asset.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
15,228 SF
Building Class
A
Year Built/Renovated
1840/2020
Price
$7,100,000
Price Per SF
$466.25
Percent Leased
87%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
3,046 SF
Building FAR
2.91
Lot Size
0.12 AC
Zoning
D-CBD - Downtown - Central Business District
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- Basement
- 1,925 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| Basement | 1,925 SF | Office | Full Build-Out | Now |
Basement
| Size |
| 1,925 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2000437009 | Improvements Assessment | $1,494,480 |
| Land Assessment | $188,560 | Total Assessment | $1,683,040 |
Property Taxes
Parcel Number
2000437009
Land Assessment
$188,560
Improvements Assessment
$1,494,480
Total Assessment
$1,683,040
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31 W congress St
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