For Sale
$975,000

106 16Th AveCordele, GA 31015

High-potential redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This 38,818 square foot retail shopping center presents a compelling redevelopment opportunity. Located in Cordele, Georgia, at 106, 112 & 116 E 16th Ave and 107 E 17th Ave, this multi-tenant property sits on a two-acre lot with excellent street frontage on 17th Avenue, 7th Street, and 16th Avenue. The asking price is $975,000. The property is currently operating under a modified lease structure. The existing building offers significant potential for repositioning and modernization to meet current market demands. Its prime location in Cordele, Crisp County, Georgia (zip code 31015), offers high visibility and accessibility. The substantial square footage and ample land provide flexibility for a variety of redevelopment scenarios, from complete renovation to adaptive reuse. This is an exceptional chance to acquire a well-situated property with significant upside potential in a growing market. The property's current underperformance presents a unique opportunity for an investor to add value and generate strong returns. Detailed financial information and property specifics are available upon request.

Highlights

  • Redevelopment opportunity.
  • High-traffic location with excellent visibility.
  • Strong tenant demand in the area.
  • Zoned for mixed-use development.
  • Significant upside potential for value appreciation.

Property Details for 106 16Th Ave

Property type
Lifestyle centers, Power centers
Square Feet
38,818 SF
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Cordele
County
Crisp
State
Georgia
Latitude
31.9632705
Longitude
-83.7820231
106 16Th Ave, Cordele, Georgia

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106 16Th Ave
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