1150 Pat Haralson DrBlairsville, GA 30512
- Retail properties
- 4,220 SF
Property Details for 1150 Pat Haralson Dr
- Year built
- 2002
- Construction
- WOOD
- Lot size
- 1.75 AC
- Property size (Sq ft)
- 4,220 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 070D 024 B
- APU
- 070D024B
Description
This exceptional, established restaurant, "The Sawmill Place Kitchen and Market," is offered for sale at $3,400,000. Located at 1150 Pat Haralson Dr, Blairsville, GA 30512, this Class A, single-story building sits on a 1.75-acre lot (APN 17008) and boasts a 16.11% cap rate with a pro-forma cap rate of 49.00%. Built in 2001, the property is zoned C3 and features ample parking to accommodate all vehicle types, including RVs. The restaurant's menu features generational recipes using farm-fresh ingredients, creating a nostalgically Southern dining experience. Currently operating for breakfast and lunch, significant revenue growth potential exists through expanded hours (dinner, weekends), catering services, and other untapped opportunities. The Sawmill Place enjoys excellent online reviews on Google, Yelp, and TripAdvisor, and has been featured in Southern Living magazine. Its prime location is steps away from a growing regional medical district and hospital, attracting both local and tourist clientele in the picturesque North Georgia Mountains. The sale includes heirloom recipes, a well-designed website, and trained staff, ensuring a smooth transition for the new owner. This is a unique opportunity to acquire a beloved community asset with substantial upside.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,088,667
- 6.5%
- $1,004,923
- 7%
- $933,143
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,074,346
- Geo Method
- $2,074,346
-
Alternative Use
- Use
- Valuation
- Residential
- $847,690
- Hospitality
- $776,480
- Educational
- $646,022
- Medical
- $668,240
- Retail
- $1,004,923
Location Insight
- City
- Blairsville
- County
- Union
- State
- Georgia
- Latitude
- 34.8828
- Longitude
- -83.9735
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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