101 Main StManchester, GA 31816

  • Retail properties
  • 8,324 SF
For Lease
$14/SF/YR View listing

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
101 Main St, Manchester, Georgia

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

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
$1,339
$5,440
$22,200
$27,640
-
$13,600
$55,500
$69,100

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