133 Main StManchester, GA 31816

  • Office properties
  • 3,812 SF
For Sale
$374,900 View listing

Property Details for 133 Main St

Year built
1910
Construction
FRAME
Lot size
0.26 AC
Property size (Sq ft)
3,812 SF
Zone code
1
Property type
Office properties
Property subtype
Office buildings
APN
MA13- -102
APU
MA13102

Description

This unique 7,500+ square foot commercial property, originally constructed in 1910 as a U.S. Post Office, presents a compelling investment opportunity in Manchester, Georgia. The building boasts a main floor and basement, each approximately 3,812 square feet, providing versatile space for a variety of commercial uses. High ceilings, granite and hardwood floors, a large walk-in safe, and six separate basement rooms add to its character and functionality. Recent updates include a roof (approximately 2 years old), water heater (approximately 5 years old), and one HVAC system (approximately 3 years old). A handicapped-accessible restroom is also included. The property's C1 zoning permits a range of businesses, including restaurants, professional offices, retail shops, and more (verification with the City of Manchester Planning and Zoning is recommended). Its excellent location in the heart of Manchester offers high visibility and proximity to popular attractions such as the Warm Springs Winery, the Little White House Historic Site, FDR State Park, and Callaway Gardens, attracting significant tourism. This is an exceptional opportunity for owner-users seeking a prominent presence in a thriving small town. The asking price is $374,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $484,864
    6.5%
    $447,566
    7%
    $415,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $743,569
    Geo Method
    $743,569
  • Alternative Use

    Use
    Valuation
    Residential
    $554,982
    Hospitality
    $508,361
    Educational
    $422,950
    Medical
    $437,496
    Retail
    $657,922
133 Main St, Manchester, Georgia

Location Insight

City
Manchester
County
Meriwether
State
Georgia
Latitude
32.8521
Longitude
-84.6146
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, 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
$2,800
$10,200
$47,600
$57,800
-
$25,500
$119,000
$144,500

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