1176 Atlanta HwyAuburn, GA 30011

Property Details for 1176 Atlanta Hwy

Year built

1912

Construction

WOOD FRAME

Lot size

3.40 AC

Property size (Sq ft)

6,664 SF

Zone code

C-2

Property type

Hospitality properties

Property subtype

Bed & breakfasts

APN

CA03 025

APU

CA03025

Description

This exceptional 10,000-square-foot event venue is available for purchase at $3,100,000, representing a compelling price per square foot of $310. Currently vacant, this property presents a unique opportunity for an investor or entrepreneur seeking to establish a thriving business in a high-demand market. Situated at 1176 Atlanta Highway in Auburn, Georgia (zip code 30011), this retail space enjoys a highly visible location just a short distance from downtown Auburn. The building's substantial size offers ample space for a variety of event formats, from weddings and corporate gatherings to conferences and private parties. Its convenient location provides easy access for attendees and excellent visibility for marketing and branding efforts. The property is ready for immediate occupancy, allowing a new owner to quickly begin operations and capitalize on the area's growing event market. With its attractive price point and prime location, this venue represents a significant investment opportunity with considerable potential for return. The property is located in Barrow County, Georgia, and its coordinates are 34.0074055 latitude and -83.8151268 longitude. This turnkey opportunity awaits a visionary owner to transform it into a premier event destination.

• CAP approach

  CAP return

  Valuation

  6%

  $1,328,357

  6.5%

  $1,226,176

  7%

  $1,138,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,826,547

  Geo Method

  $1,826,547

• Alternative Use

  Use

  Valuation

  Residential

  $1,338,628

  Hospitality

  $1,226,176

  Educational

  $1,020,164

  Medical

  $1,055,249

  Retail

  $1,586,922

Location Insight

City

Auburn

County

Barrow

State

Georgia

Latitude

34.0071

Longitude

-83.8158

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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