192 Clinton StGray, GA 31032

  • Turn key restaurants
  • 1,906 SF

Property Details for 192 Clinton St

Year built
1992
Construction
CONCRETE
Lot size
0.53 AC
Property size (Sq ft)
1,906 SF
Zone code
2
Property type
Turn key restaurants
APN
G07 00 108
APU
G0700108

Description

This exceptional 1,906-square-foot retail space, located at 192 West Clinton St in Gray, Georgia, presents a unique investment opportunity. Previously occupied by a Huddle House restaurant, the property boasts a fully equipped kitchen, walk-in cooler, and an interior dining area featuring booth seating. The building, constructed in 1917, sits on a 0.53-acre lot and offers ample parking with 30 spaces, including two designated handicap spaces. Its C-2 zoning allows for a variety of commercial uses, making it highly adaptable to diverse business needs. The property's prominent location ensures high visibility and accessibility for potential customers. The building's interior is ready for immediate occupancy, with 1,906 square feet of vacant space available. The property's address is 192 West Clinton St, Gray, GA 31032, and its APN is G07 00 108. Jones County is the location of this single-tenant property. This is a rare chance to acquire a well-situated commercial property in a thriving community. The property's history as a successful restaurant provides a strong foundation for future ventures. The ample parking and convenient location make this an attractive option for a wide range of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $320,406
    6.5%
    $295,760
    7%
    $274,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $386,656
    Geo Method
    $386,656
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $586,364
    Mixed-Use / Specialty
    $290,825
    Hospitality / Lodging
    $208,316
    Office
    $285,055
    Institutional / Educational
    $300,954
    Residential Income
    $352,116
    Multifamily
    $443,822
    Automotive / Energy
    $257,960
    Parking / Income-Based Land
    $92,853
    Restaurant / Food Service
    $142,978
    Healthcare / Senior Housing
    $302,215

Location Insight

City
Gray
County
Jones
State
Georgia
Latitude
33.0076
Longitude
-83.5414
CBSA code
31420
CBSA name
MACON, 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
$10,043
$79,500
$134,764
$214,264
-
$198,750
$336,911
$535,661

FAQs

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