414 Main StSwainsboro, GA 30401

Property Details for 414 Main St

Year built

1994

Construction

STEEL FRAME

Lot size

0.82 AC

Property size (Sq ft)

4,950 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Auto shops

APN

S23 169

APU

S23169

Description

This exceptional commercial property, located at 414 W Main St in Swainsboro, Georgia, presents a unique investment opportunity. The property encompasses a substantial 9,000 square feet of living space situated on a one-acre lot, offering ample room for expansion or continued operation. Currently operating as a thriving personal care home, the facility boasts 24 beds and over 20 bathrooms, catering to a significant resident capacity. Conveniently located just one block from Emanuel Medical Center, the property benefits from high visibility and easy access to essential healthcare services. The building is equipped with city water and sewer, ensuring reliable utilities. Climate control is provided by a central heating and air system, comprised of five individual units. Further enhancing the property's functionality are two storage buildings situated at the rear, providing additional space for supplies and equipment. A paved parking lot offers convenient parking for residents, staff, and visitors. This turnkey business is ready for immediate ownership, offering a seamless transition for a new operator. The property's established nature and prime location make it an attractive investment prospect with significant potential for continued success and growth within the Swainsboro community. The asking price is $400,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,094,332

  6.5%

  $1,010,152

  7%

  $937,999

• Comparable approach

  Method

  Valuation

  Relative Method

  $912,729

  Geo Method

  $991,378

• Alternative Use

  Use

  Valuation

  Residential

  $852,101

  Hospitality

  $780,520

  Educational

  $649,384

  Medical

  $671,717

  Retail

  $1,010,152

Location Insight

City

Swainsboro

County

Emanuel

State

Georgia

Latitude

32.6036

Longitude

-82.3395

Property Tax & Assessments

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