4685 Lee StBuford, GA 30518

Property Details for 4685 Lee St

Year built

1989

Construction

WOOD

Lot size

0.60 AC

Property size (Sq ft)

2,276 SF

Zone code

C2-GENERAL BUSINESS

Property type

Retail properties

Property subtype

Turn key restaurants

APN

7-294A-057

APU

7294A057

Description

This exceptional retail opportunity is located in the historic city of Buford, Georgia. The property boasts a spacious 2,400 square foot single-tenant space, perfect for a variety of businesses. The building sits on a sizable 0.6-acre lot and includes three separate buildings, offering flexibility and potential for expansion. Ample parking is available with 18 spaces provided for customers and employees. The property is zoned "C" and features a convenient location that has housed a successful restaurant/retail business for over 35 years. The previous tenant has recently vacated, leaving the space in move-in ready condition. The property's APN is R7294A057. This is a rare chance to establish a business in a thriving community with a proven track record of success. The property is also available for sale, presenting a unique investment opportunity. With its prime location, ample parking, and move-in ready condition, this property is an ideal choice for discerning business owners seeking a successful venture in a vibrant and historic setting. The property consists of a single tenancy within a larger complex of three buildings.

• CAP approach

  CAP return

  Valuation

  6%

  $587,158

  6.5%

  $541,992

  7%

  $503,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,118,770

  Geo Method

  $1,118,770

• Alternative Use

  Use

  Valuation

  Residential

  $457,190

  Hospitality

  $418,784

  Educational

  $348,423

  Medical

  $360,406

  Retail

  $541,992

Location Insight

City

Buford

County

Gwinnett

State

Georgia

Latitude

34.1139

Longitude

-84.0065

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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