252 Seavy StSenoia, GA 30276

Property Details for 252 Seavy St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.04 AC

Property size (Sq ft)

6,668 SF

Zone code

M1

Property type

Retail properties

Property subtype

Drive through restaurants

APN

E02 0016 003B

APU

E020016003B

Description

This stunning 6,668 sq ft Greek Revival inn, built in 1906, is situated on a 1.04-acre lot in downtown Senoia, GA. The property features ten spacious bedrooms, each with a private bathroom, a commercial-grade kitchen, and expansive gathering rooms accommodating up to 30 guests for intimate events, or up to 150 for larger gatherings. The inn boasts beautifully restored interiors, including Georgia heart pine floors and ornate tin ceilings, a serene garden, and a koi pond. Recently renovated, the inn offers significant potential for growth and development. An adjacent lot is approved for multifamily development, presenting further investment opportunities. The property's prime location is within walking distance of Main Street's shops and restaurants. The current owner is open to partnership arrangements or leasing the property as an inn or event venue. This is a unique opportunity to acquire a historic landmark with substantial income potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,246,750

  6.5%

  $1,150,847

  7%

  $1,068,643

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,277,664

  Geo Method

  $3,277,664

• Alternative Use

  Use

  Valuation

  Residential

  $970,782

  Hospitality

  $889,231

  Educational

  $739,830

  Medical

  $765,274

  Retail

  $1,150,847

Location Insight

City

Senoia

County

Coweta

State

Georgia

Latitude

33.3015

Longitude

-84.553

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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