8 Main StMaysville, GA 30558

  • Office buildings
  • 1,980 SF
For Sale
$185,000 View listing

Property Details for 8 Main St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.10 AC
Property size (Sq ft)
1,980 SF
Property type
Office buildings
APN
B32C117
APU
B32C117

Description

This exceptional commercial property, located at 8 N Main Street N in Maysville, Georgia, presents a unique investment opportunity. The 1,980 square foot building, constructed in 1900, sits on a 0.1-acre lot and is classified as a C2 property. Its prime location in the heart of downtown Maysville offers high visibility and accessibility, situated just four miles from Interstate 85, conveniently between Commerce and Jefferson. The property is currently configured as a restaurant and bar, offering immense potential for a variety of uses. The asking price is $185,000. The building is being sold "as-is," and all offers must expire by December 6th, 2024. This is a multiple offer situation, highlighting the strong demand for this historic and well-positioned commercial space. The property's rich history and central location make it an ideal choice for entrepreneurs seeking a thriving business environment in a charming Georgia town. The building consists of one structure and offers significant potential for growth and expansion. The property's zip code is 30558.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $347,480
    6.5%
    $320,751
    7%
    $297,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $333,726
    Geo Method
    $333,726
  • Alternative Use

    Use
    Valuation
    Residential
    $397,732
    Hospitality
    $364,320
    Educational
    $303,110
    Medical
    $313,534
    Retail
    $471,504

Location Insight

City
Maysville
County
Banks
State
Georgia
Latitude
34.2538
Longitude
-83.5615

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
2023
-
$3,334
$50,204
$53,538
-
$8,336
$125,509
$133,845

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