161 Hodges StCornelia, GA 30531

  • Other commercial real estate
  • 1,800 SF
For Sale
$199,900 View listing

Property Details for 161 Hodges St

Year built
1983
Construction
STEEL FRAME
Lot size
0.36 AC
Property size (Sq ft)
1,800 SF
Zone code
B2
Property type
Other commercial real estate
APN
089B161
APU
089B161

Description

This exceptional commercial property, situated in the heart of downtown Cornelia, Georgia, presents a unique investment opportunity. Spanning approximately 1,800 square feet on a 0.36-acre lot, the building currently functions as a fitness center. However, its adaptable design and spacious layout offer immense potential for a variety of commercial uses. The open floor plan boasts impressive 10-15 foot ceilings, allowing for flexible customization to suit diverse business needs. Imagine transforming this space into modern office suites, a stylish salon, or any other entrepreneurial endeavor. The high ceilings and open plan provide ample room for creative design and efficient space utilization. Its central downtown location ensures high visibility and significant foot traffic, guaranteeing excellent exposure for any business. This property's strategic positioning within a thriving downtown area promises a strong return on investment. The 0.36-acre lot offers potential for future expansion or outdoor amenities, depending on the intended use. This is a rare chance to acquire a well-located, versatile commercial building with significant upside potential in a vibrant and growing community. Don't miss this opportunity to establish your business in a prime downtown Cornelia location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $361,574
    Hospitality
    $331,200
    Educational
    $275,554
    Medical
    $285,031
    Retail
    $428,640
161 Hodges St, Cornelia, Georgia

Location Insight

City
Cornelia
County
Habersham
State
Georgia
Latitude
34.5115
Longitude
-83.529
CBSA code
18460
CBSA name
CORNELIA, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,402
$10,628
$43,372
$54,000
-
$26,570
$108,430
$135,000

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