133 Main StManchester, GA 31816
- Office properties
- 3,812 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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