70 Memorial DrDahlonega, GA 30533

  • Commercial real estate
  • 10,134 SF
For Sale
$2,840,000 View listing

Property Details for 70 Memorial Dr

Year built
1976
Lot size
1.25 AC
Property size (Sq ft)
10,134 SF
Zone code
B2
Property type
Commercial real estate
APN
D11 155
APU
D11155

Description

This exceptional commercial building, located at 70 Memorial Drive in Dahlonega, Georgia, presents a unique investment opportunity. Boasting over 5,000 square feet of versatile space, the building features an open floor plan, ideal for a variety of retail or professional businesses. Recently vacated, it's in excellent condition and ready for immediate occupancy. The property includes an additional 5,000+ square feet of below-level drive-in storage, easily accessible from the main level. Ample parking is provided on the nearly 0.6-acre lot, which is entirely concreted. Situated on a highly trafficked thoroughfare, this property benefits from exceptional visibility and convenient access. The building's prime location is further enhanced by its proximity to the new Lumpkin County school (currently under construction), increasing traffic flow in the area. Enjoy easy walking distance to Dahlonega's Downtown Public Square and the University of North Georgia, thanks to convenient sidewalk and streetlight access. The property is surrounded by established businesses, including Wells Fargo Bank, Georgia Farm Bureau Insurance, Stringer Insurance Agency, Captain D's, Domino's, Chic-fil-A, Zaxby's, and Truist Bank. Utilities include city water and sewer, commercial-grade electrical service, natural gas, and high-speed internet access. This is a turnkey opportunity for a business seeking optimal location, accessibility, and visibility in a thriving downtown setting. The asking price is $1,590,000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,035,662
    Hospitality
    $1,864,656
    Educational
    $1,551,372
    Medical
    $1,604,726
    Retail
    $2,413,245
70 Memorial Dr, Dahlonega, Georgia

Location Insight

City
Dahlonega
County
Lumpkin
State
Georgia
Latitude
34.5335
Longitude
-83.9793

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
$11,649
$150,096
$254,026
$404,122
-
$375,240
$635,066
$1,010,306

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