108 Gordon StChickamauga, GA 30707

  • Other commercial real estate
  • 5,838 SF
For Sale
$775,000 View listing

Property Details for 108 Gordon St

Year built
1916
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
5,838 SF
Zone code
C2
Property type
Other commercial real estate
APN
3010 055
APU
3010055

Description

This exceptional turnkey restaurant and bar, located at 108 Gordon St, Chickamauga, GA 30707, presents a unique investment opportunity. The 3,500 sq ft space, housed in a beautifully renovated 1930 building (renovated 2023-2024), boasts a 125-person capacity and is fully equipped for immediate operation. All necessary licenses (beer, wine, and liquor) are in place, granted by the State of Georgia, City of Chickamauga, and Walker County. The property includes a state-of-the-art kitchen with new gas cook lines, a combination of new and used cooking equipment, cooling and freezers, a new dishwasher, and ice maker. A custom-built bar features beer and wine refrigerators, four taps, a Coke dispenser, and a complete bar setup. New restrooms, a custom 20ft hood and fire suppression system, and three new HVAC systems are also included. Upstairs offers employee lounge, office, and storage space. The property sits on a 4,020 sq ft lot with an additional 4,020 sq ft of air rights and is zoned C-2. The restaurant benefits from its prime location in the charming city of Chickamauga, a popular tourist destination known for its weekend steam engine train stop, monthly festivals, and quaint shops. The property is vacant, with an occupancy date of December 1, 2024, and is offered at $775,000. Point of sale equipment, including Toast for ordering, credit card processing, inventory, menu, and payroll management, is already installed. Security cameras are also in place. This is a truly exceptional opportunity to own a fully operational, high-potential restaurant and bar in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,413,328
    Hospitality
    $1,294,601
    Educational
    $1,077,093
    Medical
    $1,114,136
    Retail
    $1,675,478
108 Gordon St, Chickamauga, Georgia

Location Insight

City
Chickamauga
County
Walker
State
Georgia
Latitude
34.8717
Longitude
-85.2911
CBSA code
16860
CBSA name
CHATTANOOGA, TN-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
2023
$4,052
$11,360
$138,113
$149,473
-
$28,401
$345,283
$373,684

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