133 Main StManchester, GA 31816

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $549,512

  6.5%

  $507,242

  7%

  $471,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $743,569

  Geo Method

  $743,569

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,066,470

  Retail / Commercial

  $533,601

  Mixed-Use / Specialty

  $521,236

  Hospitality / Lodging

  $368,792

  Institutional / Educational

  $538,136

  Residential Income

  $629,619

  Multifamily

  $813,135

  Automotive / Energy

  $461,259

  Parking / Income-Based Land

  $169,512

  Restaurant / Food Service

  $248,769

  Healthcare / Senior Housing

  $545,247

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

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