75 River StHelen, GA 30545

  • Retail properties
  • 684 SF
For Sale
$2,900,000 View listing

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
75 River St, Helen, Georgia

Location Insight

City
Helen
County
White
State
Georgia
Latitude
34.7
Longitude
-83.7305

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
0
-
$46,500
$15,392
$61,892
-
$116,250
$38,480
$154,730

FAQs

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