1761 Walnut AveCovington, GA 30014

Property Details for 1761 Walnut Ave

Year built

1920

Lot size

2.50 AC

Property size (Sq ft)

1,520 SF

Property type

Other commercial real estate

Description

This exceptional 2.5-acre commercial lot, located at 1761 Walnut Avenue (also known as 1761 GA Hwy 138) in Covington, Georgia, presents a unique investment opportunity. The 1,520 square foot building currently on the property is situated on a septic system, although city sewer access is readily available. This prime location offers significant potential for development, given its strategic position directly across from the planned Downtown Walnut Grove Master Development. This ambitious project envisions a vibrant mixed-use town center, incorporating retail, commercial, office, and residential spaces, creating a new hub for growth and community engagement. The property's high visibility and accessibility are further enhanced by the planned installation of a double-lane roundabout at the nearby intersection by the Georgia Department of Transportation, promising improved traffic flow and increased visibility. The surrounding area also includes additional commercially zoned parcels, presenting opportunities for assemblage and expansion. Detailed plans for both the Downtown Walnut Grove Master Development and the Georgia DOT's infrastructure improvements are available upon request. This property is ideally suited for developers seeking to capitalize on the burgeoning growth and revitalization of this dynamic area. The asking price for this exceptional opportunity is $465,000.

Location Insight

City

Covington

County

Walton

State

Georgia

Latitude

33.7436

Longitude

-83.8493

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