205 Main StHogansville, GA 30230

Property Details for 205 Main St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

2,080 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

0244W010006

APU

0244W010006

Description

This exceptional 2,080 square foot commercial property, located at 205 E Main Street in the charming town of Hogansville, Georgia, presents a unique investment opportunity. Situated on a 0.06-acre lot, this updated historic building boasts a prime Main Street location, ensuring high visibility and accessibility. The property currently features established, reliable tenants, providing a consistent income stream. Convenient public parking is available both directly in front of the building and in a rear lot, offering ample space for customers and employees. The building's historic character has been thoughtfully preserved and updated, creating a blend of classic charm and modern functionality. This makes it an ideal investment for those seeking a stable, income-generating property in a desirable location. The asking price is $297,750. This presents a rare chance to acquire a piece of Hogansville's vibrant Main Street, offering both immediate return and significant long-term potential. The property's strong tenant base and convenient location make it a highly attractive investment opportunity. Don't miss this chance to own a piece of history and secure a profitable commercial venture.

• CAP approach

  CAP return

  Valuation

  6%

  $388,908

  6.5%

  $358,992

  7%

  $333,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,022,426

  Geo Method

  $1,022,426

• Alternative Use

  Use

  Valuation

  Residential

  $302,823

  Hospitality

  $277,385

  Educational

  $230,781

  Medical

  $238,718

  Retail

  $358,992

Location Insight

City

Hogansville

County

Troup

State

Georgia

Latitude

33.1728

Longitude

-84.9135

CBSA code

29300

CBSA name

LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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