237 Washington StMonticello, GA 31064

Property Details for 237 Washington St

Year built

1900

Construction

TYPE NOT SPECIFIED

Lot size

0.11 AC

Property size (Sq ft)

1,296 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Retail space

APN

M05A- -068

APU

M05A068

Description

This exceptional 1,300 sq ft commercial building, located on the prominent square of downtown Monticello, GA, presents a rare opportunity. Originally constructed in the 1880s and recently renovated, this free-standing structure seamlessly blends historic charm with modern conveniences. The building boasts meticulously preserved original architectural details, enhanced by updated electrical, plumbing, and HVAC systems, ensuring both comfort and efficiency. Ten private parking spaces are included, a significant advantage in a historic downtown setting. Its prime location on the bustling square offers high visibility and accessibility, making it ideal for a variety of businesses. The interior features gorgeous exposed beams, creating a unique architectural ambiance. The sale includes several pieces of furniture, a washer/dryer, and a complete point-of-sale system with cash drawer, making this a truly turnkey operation. The property sits on a 0.13-acre lot. This is a must-see property for entrepreneurs seeking a unique and well-equipped space in a vibrant downtown location. The asking price is $298,000.

• CAP approach

  CAP return

  Valuation

  6%

  $409,342

  6.5%

  $377,854

  7%

  $350,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $637,050

  Geo Method

  $637,050

• Alternative Use

  Use

  Valuation

  Residential

  $318,734

  Hospitality

  $291,958

  Educational

  $242,906

  Medical

  $251,260

  Retail

  $377,854

Location Insight

City

Monticello

County

Jasper

State

Georgia

Latitude

33.3041

Longitude

-83.6854

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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