21 Athens StWinder, GA 30680

  • Mixed-use properties
  • 14,034 SF
For Sale
$4,700,000 View listing

Property Details for 21 Athens St

Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.12 AC
Property size (Sq ft)
14,034 SF
Zone code
DT
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
WN12 182
APU
WN12182

Description

This exceptional mixed-use property at 21 E Athens Street, Winder, GA, presents a unique investment opportunity. The 14,034 square foot building, originally constructed in 1940, sits on a 0.12-acre lot in the heart of downtown Winder's thriving commercial district, zoned DT. The property boasts a blend of historical character and modern functionality, currently configured as a restaurant with a basement bar, a second-floor event hall, and a third-floor office space featuring seven offices, a conference room, and a break room. A remarkable rooftop extension of the restaurant provides an exclusive, high-demand dining area with stunning views. The building is in good condition and offers significant potential for owner-users or investors seeking a high-return property in a rapidly growing area of Barrow County. The asking price reflects the appraised value, including all equipment, inventory, and furnishings. Owner financing is available. Appointments for viewings are preferred on Mondays.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,053,996
    6.5%
    $2,819,073
    7%
    $2,617,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,525,062
    Geo Method
    $2,525,062
  • Alternative Use

    Use
    Valuation
    Residential
    $2,819,073
    Hospitality
    $2,582,256
    Educational
    $2,148,406
    Medical
    $2,222,293
    Retail
    $3,341,965
21 Athens St, Winder, Georgia

Location Insight

City
Winder
County
Barrow
State
Georgia
Latitude
33.992
Longitude
-83.7207
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

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
$15,015
$19,200
$519,587
$538,787
-
$48,000
$1,298,968
$1,346,968

FAQs

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