1830 Columbia StMilledgeville, GA 31061

Property Details for 1830 Columbia St

Year built

1995

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.08 AC

Property size (Sq ft)

7,288 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Outlet malls

APN

M53 009

APU

M53009

Description

This exceptional commercial property, located at 1830 N Columbia Street in Milledgeville, Georgia, presents a unique investment opportunity. The property encompasses a substantial 6,000 square foot building situated on a generous 1.08-acre lot (47,045 square feet). Currently operating as a beauty supply store, the existing business is not included in the sale, offering immense flexibility for the new owner. The sale includes the building and land, allowing for a variety of potential uses. Imagine transforming this established location into your dream business venture. The spacious building provides ample room for expansion or modification to suit your specific needs. The large lot offers significant potential for additional development or ample parking. This property is ideally situated in Milledgeville, providing excellent visibility and accessibility. The asking price of $1,000,000 represents a compelling investment opportunity in a thriving Georgia market. This is a chance to acquire a substantial commercial property with significant upside potential. The existing structure is well-maintained and ready for immediate occupancy, minimizing upfront costs and allowing for a quick start to your business operations. Don't miss this chance to own a prime piece of Milledgeville real estate. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,301,915

  6.5%

  $2,124,844

  7%

  $1,973,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,582,425

  Geo Method

  $3,582,425

• Alternative Use

  Use

  Valuation

  Residential

  $1,792,386

  Hospitality

  $1,641,816

  Educational

  $1,365,972

  Medical

  $1,412,949

  Retail

  $2,124,844

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.1027

Longitude

-83.2499

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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