406 Piedmont AveRockmart, GA 30153

Property Details for 406 Piedmont Ave

Year built

1985

Lot size

0.20 AC

Property size (Sq ft)

2,078 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

R20-074A

APU

R20074A

Description

This exceptional commercial property located at 406 Piedmont Avenue in Rockmart, Georgia presents a rare opportunity to acquire a well-established restaurant with a distinctive character. The property encompasses 2,078 square feet situated on a 0.3-acre lot. The restaurant's defining feature is its vintage caboose, a captivating element that significantly enhances the property's appeal and creates a memorable dining atmosphere. This eye-catching caboose is fully integrated into the restaurant's design and functionality, offering a unique space perfect for private dining, special events, or simply as a conversation starter. The restaurant itself is nestled within a thriving community, attracting a loyal local clientele and tourists alike, ensuring a consistent stream of customers. The property's rich history adds to its charm and provides a strong foundation for continued success. The asking price for this turnkey operation is $899,900. This is a truly unique opportunity to own a piece of Rockmart's history and capitalize on the established success of this one-of-a-kind restaurant. The property is ready for immediate occupancy and offers significant potential for growth and expansion. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $646,074

  6.5%

  $596,376

  7%

  $553,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $852,983

  Geo Method

  $1,021,443

• Alternative Use

  Use

  Valuation

  Residential

  $503,065

  Hospitality

  $460,805

  Educational

  $383,385

  Medical

  $396,570

  Retail

  $596,376

Location Insight

City

Rockmart

County

Polk

State

Georgia

Latitude

34.0001

Longitude

-85.0411

CBSA code

16340

CBSA name

CEDARTOWN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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