55 Highway 124Jefferson, GA 30549

Property Details for 55 Highway 124

Year built

1900

Lot size

10.73 AC

Property size (Sq ft)

6,447 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Jefferson

County

Jackson

State

Georgia

Latitude

34.0925

Longitude

-83.6163

FAQs

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