On the market for the 1st time in 150 yrs, the stunning 1886 Savannah Cotton Exchange presents a once-in-a-lifetime opportunity for residential, mixed-use, or commercial investment/development. Currently a Masonic Lodge, this iconic brick building, located on the Savannah River & in the Nat'l Historic Landmark District, stands ready for its next incarnation: your new vision. Imagine an opulent residence w elaborate woodwork, stained glass windows, a 30 ft ceiling, & world-class views of the river & Bay Street. Or convert the 4-flr space to income-producing luxury apartments. The stunning, 9,300 sq ft structure was built when Savannah was America's #1 cotton distributor, as illustrated by the terra cotta facade's ornate cotton motifs. Most of the city's 17M annual visitors stroll Bay St to sightsee, dine, shop, & access River Street, enough foot traffic to support upscale retail, a signature restaurant, high-end event space, private club & more. Possible preservation tax incentives.
| MLS # | SA342375 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1872 |
| Days On Site | 285 |
| Listing Provided By | Engel & Volkers | Ann Boese |
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 9,300 |
| Basement | Y |
| Story(s) | 4 |
| Zoning | BB |
| Acreage | 0.08 |
| Water Front | Deep Water, River Front, Water Acc |
| Property View | Panoramic, River |
| Interior Features | Entrance Foyer, High Ceilings, Other, Fireplace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric |
| Fireplace Features | Decorative, Other |
| Fireplace Yes / No | Yes |
| Laundry Features | None |
| Rooms Total | 0 |
| Lot Features | City Lot, Historic District |
|---|---|
| Waterfront Features | Deep Water, River Front, Water Access |
| Community Features | Curbs, Gutter(s) |
| View | Panoramic, River |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|
| Tax Legal Description | STRIP FRONT DRAYTON ST |
|---|
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31401 |
| Listing VS Median (in 31401) | |
Price: $10,000,000 low | high Med: $555,000 sqft: 9,300 low | high Med: 2,037 $ / sqft: $1,075 low | high Med: $496 On site: 285 low | high Med: 131.5 | |
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31401 |
| Listing VS Median (in 31401) | |
Price: $10,000,000 low | high Med: $555,000 sqft: 9,300 low | high Med: 2,037 $ / sqft: $1,075 low | high Med: $496 On site: 285 low | high Med: 131.5 | |