For Sale
$2,750,000

55 Highway 124 Jefferson, GA 30549

High-traffic corner, 6 homes, 10 acres

Overview

Added:
Feb 3
Days on market:
83
This exceptional investment opportunity encompasses 10.73 acres of prime commercial real estate situated at the highly visible intersection of Highway 124 and Highway 11 in Jefferson, Georgia. The property boasts over 1,000 feet of high-traffic road frontage, maximizing exposure and potential. This offering includes three tax parcels (083 003M4, 083 003M, and 083 003E), encompassing a total of six residential homes. Five of these homes are currently generating rental income on a month-to-month basis, providing immediate cash flow. The property's C2 zoning allows for a multitude of development possibilities, making it ideal for a multi-family development project. Alternatively, an owner-occupant could utilize the front commercial building while continuing to benefit from the rental income generated by the five existing rental properties. The property features a total of 6,447 square feet of building space and all utilities are readily available. This is a rare chance to acquire a substantial property with significant development potential and immediate rental income in a high-traffic location. The asking price is $2,750,000.

Property Details for 55 Highway 124

Property type
Commercial real estate
Square Feet
6,447 SF
Year Built
1900
Lot Size (sq. ft)
467,399 SF

Location Insight

City
Jefferson
County
Jackson
State
Georgia
Latitude
34.09254
Longitude
-83.61631

FAQs

What type of property is this?
Commercial real estate - High-traffic corner, 6 homes, 10 acres
Where is the commercial real estate located?
The property is located at 55 Highway 124 Jefferson, GA.
What is the asking price?
The asking price for this property is $2,750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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55 Highway 124
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