70 Lumpkin StHawkinsville, GA 31036

Property Details for 70 Lumpkin St

Year built

1971

Construction

TYPE NOT SPECIFIED

Lot size

0.24 AC

Property size (Sq ft)

2,040 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

H032004002A

APU

H032004002A

Description

This exceptional commercial property at 70 North Lumpkin Street in Hawkinsville, Georgia, presents a unique investment opportunity. Priced at $225,000, this 0.4-acre lot encompasses a 2,040 square foot building currently operating as a well-established bistro. The property is categorized as special purpose and includes all existing equipment, offering a truly turnkey operation. The bistro boasts a charming and quaint interior design, and benefits from an already established and loyal customer base, providing immediate revenue potential for a new owner. Located in Pulaski County, Georgia, with a zip code of 31036, this property is ideally situated for continued success within the Hawkinsville community. The building's 2,040 square feet provide ample space for both front-of-house and back-of-house operations. This is a rare chance to acquire a thriving business with significant potential for growth and expansion. The property is ready for immediate occupancy and offers a seamless transition for a new culinary entrepreneur. This is an exceptional opportunity to own a successful, established business in a desirable location. The property is zoned for commercial use and offers significant potential for future development or expansion. All necessary equipment is included in the sale, making this a truly turnkey operation.

• CAP approach

  CAP return

  Valuation

  6%

  $381,429

  6.5%

  $352,089

  7%

  $326,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,002,764

  Geo Method

  $1,002,764

• Alternative Use

  Use

  Valuation

  Residential

  $297,000

  Hospitality

  $272,050

  Educational

  $226,343

  Medical

  $234,127

  Retail

  $352,089

Location Insight

City

Hawkinsville

County

Pulaski

State

Georgia

Latitude

32.2842

Longitude

-83.4683

Property Tax & Assessments

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