Last Remaining Buildable Lot Listed for Sale on Historic Broughton Street in Savannah

Staff Report

Wednesday, July 15th, 2020

DAI Commercial Realty, a full-service commercial real estate brokerage firm., and the B Moody Group of Seabolt Real Estate, a premier luxury real estate firm, are pleased to share they have co-listed the last remaining buildable lot for sale on historic Broughton Street in Savannah, Georgia.

Located at 215 W. Broughton St., the 0.07-acre (31 feet x 90 feet) infill lot for sale includes plans for The Muse Building, a proposed (+/-17,350 SF) landmark, mixed-use building designed by the renowned urban design and civic architecture firm, Sottile & Sottile. The Muse Building will feature a neotraditional and bold humanistic design that merges history with contemporary architectural expression, leading craft and technology, and formed with tireless, high-quality materials.

The proposed building will include a combination of mixed-uses and income generating opportunities for new ownership including five stories of potential office space, retail space, and short term vacation rentals, as well as a sixth level conservatory and rooftop terraces with panoramic views of the city. At the street level, the building is accessible through two entrances flanking the edges of the facade and set back from the face of the building. Between the entrances, a frameless glass wall provides a focused view into the retail space and a sculptural metal canopy creates an elegant statement on the street, sheltering the glass facade and providing a moment of expressive detail within the streetscape.

Strategically located between downtown Savannah’s premier retail corridor and cultural arts district, The Muse will be a definitive icon of Broughton Street. “What an incredible opportunity for someone who would like to make a lasting impression on Savannah,” said Katie Chancy, broker in charge at DAI Commercial. “This project is designed, permitted, approved with C.O.A., and shovel ready for a buyer ready to get to work.”

“This is an extraordinary moment to help complete the recent revitalization of Broughton Street,” said Bradford Moody, B Moody Group of Seabolt Real Estate. “This location is the last remaining infill site available and only possibility of a six-story structure on the historic street. When complete, The Muse will offer unparalleled views of the Savannah River and will ultimately be the most significant building on Broughton.”

Throughout Savannah’s colorful history, Broughton Street has been at the heart of Savannah’s commercial and retail investment, weathering economic ups and downs, but always serving as a source of inspiration and fellowship among city residents and visitors. In 2014, Broughton Street began a major redevelopment and systematic transformation that resulted in an estimated $92 million of investment into 37 historic properties along the downtown corridor. Today, a thriving, pedestrian-friendly destination, Broughton Street offers an infusion of national and local retailers, restaurants, boutique hotels, and entertainment options. Learn more here.

Savannah welcomes nearly 15 million visitors a year (2019 data) and ranked No. 4 “Top U.S. City” by Travel & Leisure readers in July 2020.