100 Covered Bridge RdEuharlee, GA 30145

Property Details for 100 Covered Bridge Rd

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.81 AC

Property size (Sq ft)

1,740 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

0034-0676-003

APU

340676003

Description

This exceptional 2,200-square-foot restaurant in historic Euharlee, Georgia, presents a turnkey opportunity for immediate operation. Located at 100 Covered Bridge Rd, 30145, this vacant property boasts a prime location, benefiting from high foot traffic due to its proximity to recreational amenities. These include baseball and softball fields hosting national tournaments, kayak rentals, and the soon-to-open Osborn Park, featuring an amphitheater, microbrewery, dog park, and playground. The Georgia Power plant is also nearby, providing a substantial potential customer base. The restaurant itself underwent a complete renovation three years ago and is fully equipped with all necessary commercial kitchen appliances, including a four-burner stove with flat-top grill and conventional oven, char grill, two fryers, multiple refrigerators and freezers, a large food warmer, a rotisserie smoker, ice machines, and a complete dish and kitchenware set. The spacious interior comfortably seats 60, with a large patio capable of accommodating an additional 90 patrons. A comprehensive 10-camera security system is installed, and two new HVAC units (2023) ensure climate control. The sale includes two Clover point-of-sale systems. A significant advantage is the ample parking: 20-30 spaces are currently available, with an additional half-acre lot providing expansion potential. An adjacent 1,700-square-foot historic white house offers potential for expansion or separate development, though its inclusion is not mandatory in the sale. The asking price is $900,000. All offers will be considered.

• CAP approach

  CAP return

  Valuation

  6%

  $540,986

  6.5%

  $499,372

  7%

  $463,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $714,240

  Geo Method

  $855,299

• Alternative Use

  Use

  Valuation

  Residential

  $421,239

  Hospitality

  $385,852

  Educational

  $321,025

  Medical

  $332,065

  Retail

  $499,372

Location Insight

City

Euharlee

County

Bartow

State

Georgia

Latitude

34.145

Longitude

-84.9338

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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