101 Main StManchester, GA 31816

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,262,290

  6.5%

  $1,165,190

  7%

  $1,081,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,688,630

  Geo Method

  $1,688,630

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,328,770

  Mixed-Use / Specialty

  $1,138,190

  Hospitality / Lodging

  $805,306

  Office

  $1,107,630

  Institutional / Educational

  $1,175,090

  Residential Income

  $1,374,860

  Multifamily

  $1,775,590

  Automotive / Energy

  $1,007,220

  Parking / Income-Based Land

  $370,152

  Restaurant / Food Service

  $543,220

  Healthcare / Senior Housing

  $1,190,620

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

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