For Sale
$999,000

1065 Big A Rd Toccoa, GA 30577

4,700 SF Vacant Restaurant, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional redevelopment opportunity presents a 4,700-square-foot vacant freestanding restaurant building situated on a 1.4-acre lot in Toccoa, Georgia. Located at 1065 Big A Rd, this Class B property boasts high visibility with a daily traffic count of 25,973 vehicles. The building, constructed in 1994, offers ample parking (approximately 88 spaces, or 18.7 per 1,000 square feet) and is zoned B-II, allowing for a variety of commercial uses. The property features easy access to I-85, within a 15-minute drive. Previously occupied by an Applebee's, this space presents a unique chance for conversion, including the potential addition of a drive-thru lane and subdivision. The asking price is $999,000, representing a price per square foot of $212.55 and a pro-forma cap rate of 12.23%. The property's pro-forma net operating income (NOI) is $122,200. The building is vacant as of August 31, 2022, and includes existing fixtures and equipment. This is an owner-user or investment opportunity.

Highlights

  • 4,700 SF building.
  • 1.40-acre site.
  • Approximately 88 parking spaces (18.7 spaces per 1,000 SF).
  • B-II Commercial zoning.
  • 25,973 vehicles per day (VPD).
  • Located within 15 minutes of I-85.

Property Details for 1065 Big A Rd

Property type
Retail properties, Restaurants
Square Feet
4,700 SF
Class
B
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
60,984 SF
Units
1

Location Insight

City
Toccoa
County
Stephens
State
Georgia
Latitude
34.5661731
Longitude
-83.2994679

FAQs

What type of property is this?
Retail property - 4,700 SF Vacant Restaurant, High Visibility
Where is the retail property located?
The property is located at 1065 Big A Rd Toccoa, GA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 4,700 SF building.; 1.40-acre site.; Approximately 88 parking spaces (18.7 spaces per 1,000 SF).
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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1065 Big A Rd
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