665 Main StWhitesburg, GA 30185

  • Retail properties
  • 840 SF
For Sale
$175,000 View listing

Property Details for 665 Main St

Year built
1927
Lot size
0.29 AC
Property size (Sq ft)
840 SF
Zone code
GC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
W01-001-0008
APU
W010010008

Description

Exceptional opportunity to acquire a fully equipped commercial building situated on Main Street in Whitesburg, Georgia. This 840-square-foot property, situated on a 0.29-acre lot, boasts high visibility and is ideally positioned for a variety of businesses. The building includes ample indoor seating and an outdoor patio area, perfect for expanding your customer base. All existing equipment is included in the sale, representing a significant value-add. This comprehensive inventory includes a POS system, griddle, fryer, commercial mini-fridge, smoker, deli cooler, ice maker, three-door refrigerator, standing and chest freezers, three food warmers, a hood, three-compartment sink, produce sink, five prep tables, steno containers, prep bowls and pans, and dining tables and chairs for both indoor and outdoor use. Recent upgrades enhance the property's functionality and efficiency. A new A/C unit was installed in 2021, along with electrical updates to the patio and the installation of a smokehouse. Further improvements include a 2024 update to the main electrical line. While the septic system may require updates depending on future business use and health department codes, this turnkey operation presents a compelling investment opportunity. This property is a must-see for discerning buyers seeking a ready-to-operate commercial space in a high-traffic location. The property's address is 665 Main Street, Whitesburg, GA 30185.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $162,634
    6.5%
    $150,124
    7%
    $139,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $412,903
    Geo Method
    $412,903
  • Alternative Use

    Use
    Valuation
    Residential
    $126,635
    Hospitality
    $115,997
    Educational
    $96,508
    Medical
    $99,827
    Retail
    $150,124
665 Main St, Whitesburg, Georgia

Location Insight

City
Whitesburg
County
Carroll
State
Georgia
Latitude
33.4934
Longitude
-84.9132
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,838
$8,178
$48,544
$56,722
-
$20,445
$121,359
$141,804

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