205 Us-11Rising Fawn, GA 30738

Property Details for 205 Us-11

Lot size

2.00 AC

Property size (Sq ft)

5,160 SF

Property type

Specialty properties

Property subtype

Wedding venues

Description

This exceptional 5,160 square foot mixed-use property in Rising Fawn, Georgia, presents a lucrative investment opportunity. Located at 205 US-11, Dade County, this two-story building sits on a spacious 2-acre lot, offering significant expansion potential. Recently renovated in 2022, the property boasts a 9.78% cap rate and a strong net operating income (NOI) of $88,000, with an asking price of $900,000 ($174.42/sq ft). Currently operating as a successful event venue, the space is highly rentable, commanding $4,000 per booking. The property features ample indoor and outdoor space, including a large 43x43 foot patio, a fully equipped kitchen, and separate his and her restrooms (each with three stalls). A large dressing room with a half-bath is also included. The property includes 90 parking spaces and is zoned for commercial use. Its prime location, just 30 minutes from downtown Chattanooga, ensures easy accessibility and high visibility. The expansive lot provides ample room for future development, such as adding cabins to further increase revenue streams. This turnkey operation offers immediate income and significant long-term growth prospects. The property is a single-unit building.

Location Insight

City

Rising Fawn

County

Dade

State

Georgia

Latitude

34.7094

Longitude

-85.551

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].