75 River StHelen, GA 30545
- Retail properties
- 684 SF
Property Details for 75 River St
- Year built
- 1926
- Construction
- FRAME
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 684 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- H04C 011
- APU
- H04C011
Description
This exceptional commercial property, located at 75 River Street in the heart of Helen, Georgia, presents a rare investment opportunity. Situated on a 0.11-acre lot directly on the Chattahoochee River, this 684-square-foot building boasts a fully equipped commercial-grade kitchen, perfect for food service or retail operations. A large riverside deck offers significant potential for additional revenue generation through private rentals or outdoor seating. The property includes one private restroom and one public restroom for customer convenience. Recent renovations (within the last five years) encompass updated electrical systems, a new under-counter grease trap, PEX plumbing, a new HVAC system, a new water heater, and a comprehensive security system. Most commercial kitchen equipment and fixtures are included in the sale. The property's prime location, steps from public parking, ensures high visibility and accessibility for customers. Recently approved for on-premises beer and wine sales, including Sunday sales (buyer responsible for obtaining all necessary licenses and approvals), this property offers immense flexibility for a variety of business ventures. The existing structure also presents the possibility of adding a second story to the back porch, maximizing the stunning river views. This is a truly unique opportunity to own a piece of Helen's vibrant downtown, offering both established infrastructure and significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $176,457
- 6.5%
- $162,883
- 7%
- $151,249
-
Comparable approach
- Method
- Valuation
- Relative Method
- $336,221
- Geo Method
- $336,221
-
Alternative Use
- Use
- Valuation
- Residential
- $137,398
- Hospitality
- $125,856
- Educational
- $104,711
- Medical
- $108,312
- Retail
- $162,883
Location Insight
- City
- Helen
- County
- White
- State
- Georgia
- Latitude
- 34.7
- Longitude
- -83.7305
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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