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Key Details
Sold Price $6,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 10,700 sqft
Price per Sqft $560
MLS Listing ID 288230
Sold Date 04/19/24
HOA Y/N No
Year Built 1871
Tax Year 2022
Contingent Due Diligence
Lot Size 4,181 Sqft
Acres 0.096
Property Sub-Type Retail
Property Description
The Jules Savannah offers a rare opportunity to invest in a meticulously restored historic mansion in one of the most sought-after locations in Savannah. With six luxurious suites, two ground-level commercial units, and a prime location in the heart of the city's central business district, The Jules Savannah is an exceptional investment opportunity for those looking to enter the niche boutique luxury inn market and capitalize on the growing short-term rental market in Savannah. Originally built by Julius Koox in 1870, The Jules Savannah boasts six expansive suites with luxurious amenities, including gourmet kitchens, walk-in showers, stylish bathrooms, elevator access, and spacious living areas.
The property is perfect for individuals, families, group getaways, and corporate rentals. The property underwent a National Park Service and State of Georgia approved Historic Preservation Project in 2019 and now stands as a true jewel in the Hostess City.
Location
State GA
County Chatham County
Community Street Lights, Sidewalks
Zoning D-CBD
Interior
Heating Central, Electric
Cooling Central Air, Electric
Furnishings Furnished
Fireplace No
Appliance Electric Water Heater
Exterior
Community Features Street Lights, Sidewalks
Utilities Available Underground Utilities
Water Access Desc Public
Present Use Hotel/Motel,Office,Other,Residential,Retail,Special Use
Building
Story 4
Sewer Public Sewer
Water Public
Others
Tax ID 2001520011
Ownership Homeowner/Owner
Security Features Security System,Elevator Secured,Fire Alarm
Acceptable Financing Cash, 1031 Exchange, Private Financing Available, Lease Option
Listing Terms Cash, 1031 Exchange, Private Financing Available, Lease Option
Financing 1031 Exchange
Special Listing Condition Standard
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Bought with Engel & Volkers