101 Main StManchester, GA 31816
- Retail properties
- 8,324 SF
Property Details for 101 Main St
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 8,324 SF
- Zone code
- 1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- MA13- -089
- APU
- MA13089
Description
This exceptional 8,256 square foot retail space, located at 101 W Main St in Manchester, Georgia, presents a unique investment opportunity. Situated on a 0.1-acre lot at a prominent corner location in the heart of downtown Manchester, this property boasts approximately 81 feet of frontage on Main Street. The building, constructed in 1910 and extensively renovated in 2022, offers two stories, each approximately 4,128 square feet, plus a fully finished basement. The space is ideal for a variety of uses, including retail, office, or restaurant establishments, as reflected in its C-1 Local Commercial zoning. The property features a single tenancy and is currently vacant. Modern amenities are absent, as there are no elevators. The property's address is 101 W Main St, Manchester, GA 31816, with a cross street of Broad Street and APN MA13 089 in Meriwether County. The lease price is $14.00 per square foot, NNN. This renovated space offers a blend of historic charm and modern functionality, making it an attractive option for businesses seeking a high-profile location in a thriving downtown area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,556,381
- 6.5%
- $1,436,660
- 7%
- $1,334,041
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,091,672
- Geo Method
- $4,091,672
-
Alternative Use
- Use
- Valuation
- Residential
- $1,211,876
- Hospitality
- $1,110,072
- Educational
- $923,567
- Medical
- $955,330
- Retail
- $1,436,660
Location Insight
- City
- Manchester
- County
- Meriwether
- State
- Georgia
- Latitude
- 32.8516
- Longitude
- -84.6133
- 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
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