203 King StCalhoun, GA 30701

Property Details for 203 King St

Year built

1983

Lot size

0.57 AC

Property size (Sq ft)

6,928 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Auto shops

APN

C12 - -105

APU

C12105

Description

This exceptional 6,928 square foot commercial building, situated on a 0.57-acre lot at 203 S King Street in Calhoun, Georgia, presents a remarkable investment opportunity. Previously utilized as a body shop, its versatile layout offers immense potential for a variety of businesses. The front section boasts two offices and a reception area, recently updated with fresh paint and new flooring. Three bathrooms, one equipped with a shower, add convenience. A dedicated paint booth and a car and truck wash bay are included, showcasing the property's history and adaptability. One side of the building is fully fenced for security and privacy. Access is facilitated by two large, tall glass garage doors. High ceilings (14 feet) provide ample workspace. The office and reception area benefits from efficient heating and air conditioning. The rear open workspace currently uses propane heating but has the infrastructure for a natural gas connection. The property is connected to public water and sewer services, ensuring seamless operation. This property's combination of existing features and adaptable space makes it an ideal choice for entrepreneurs seeking a well-equipped and strategically located commercial space. The location in Calhoun, GA offers easy access to major transportation routes and a thriving local market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,153,994

  6.5%

  $1,988,302

  7%

  $1,846,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,843,824

  Geo Method

  $3,405,467

• Alternative Use

  Use

  Valuation

  Residential

  $1,677,208

  Hospitality

  $1,536,313

  Educational

  $1,278,194

  Medical

  $1,322,154

  Retail

  $1,988,302

Location Insight

City

Calhoun

County

Gordon

State

Georgia

Latitude

34.5011

Longitude

-84.9541

CBSA code

15660

CBSA name

CALHOUN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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