17 Market StBarnesville, GA 30204

Property Details for 17 Market St

Year built

1893

Construction

WOOD

Lot size

0.05 AC

Property size (Sq ft)

2,300 SF

Zone code

2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

B23-041

APU

B23041

Description

This exceptional opportunity presents the chance to own a thriving restaurant located in the heart of historic Barnesville, Georgia. The property encompasses two buildings, situated at 17 & 19 Market Street, totaling 4,554 square feet on a 0.1-acre lot. Both buildings, identified as B23041 and B23042, are included in the sale price of $379,900. The restaurant is completely turnkey, meaning it's ready for immediate operation. All necessary equipment is included, from tables and chairs to dishes and steam tables, along with existing inventory at the time of sale. Significant upgrades have been implemented, including new appliances, a new HVAC system, and a new ice maker. The property has been meticulously maintained, ensuring a smooth transition for the new owner. This is a rare chance to acquire an established business in a charming, historic setting, complete with all the necessary infrastructure for immediate success. The property's prime location in Barnesville offers excellent visibility and accessibility, making it an ideal investment for a seasoned restaurateur or a first-time business owner. Don't miss this unique opportunity to own a piece of Barnesville's vibrant culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $430,043

  6.5%

  $396,963

  7%

  $368,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,130,568

  Geo Method

  $1,130,568

• Alternative Use

  Use

  Valuation

  Residential

  $334,853

  Hospitality

  $306,723

  Educational

  $255,190

  Medical

  $263,967

  Retail

  $396,963

Location Insight

City

Barnesville

County

Lamar

State

Georgia

Latitude

33.054

Longitude

-84.1563

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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