252 Seavy StSenoia, GA 30276
- Retail properties
- 6,668 SF
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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