5504 Main StFlowery Branch, GA 30542

Property Details for 5504 Main St

Year built

1900

Construction

STEEL FRAME

Lot size

0.13 AC

Property size (Sq ft)

4,864 SF

Zone code

H-B

Property type

Retail properties

Property subtype

Retail space

APN

08-112A-001-007

APU

08112A001007

Description

This exceptional 4,864-square-foot retail property, located at 5504 Main St in Flowery Branch, Georgia (zip code 30542), presents a rare investment opportunity. Built in 1874, this two-story building boasts a rich history and unique character. The property sits on a 0.13-acre lot and features heart pine floors throughout both levels, each encompassing 2,432 square feet (76' x 32'). The flexible floor plan allows for customization to suit a variety of commercial uses. Adding to its distinctive appeal is a grassed area at the corner of Main Street and Railroad Street, and a charming open-air brick structure, historically used as the town's jail. This building offers a blend of historical charm and modern adaptability, making it ideal for a restaurant or other commercial enterprise seeking a unique and memorable location in the heart of Flowery Branch. The asking price is $1,600,000. This property represents a truly one-of-a-kind opportunity in Northeast Georgia. Its location and historical significance make it a highly desirable investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,254,805

  6.5%

  $1,158,281

  7%

  $1,075,547

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,390,905

  Geo Method

  $2,390,905

• Alternative Use

  Use

  Valuation

  Residential

  $977,054

  Hospitality

  $894,976

  Educational

  $744,609

  Medical

  $770,218

  Retail

  $1,158,281

Location Insight

City

Flowery Branch

County

Hall

State

Georgia

Latitude

34.1851

Longitude

-83.9252

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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