400 Scott StBainbridge, GA 39817

  • Retail properties
  • 7,192 SF
For Sale
$1,450,000 View listing

Property Details for 400 Scott St

Year built
2007
Construction
TYPE NOT SPECIFIED
Lot size
2.23 AC
Property size (Sq ft)
7,192 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
B0460-017-019
APU
B0460017019

Description

This thriving Bainbridge, GA restaurant, located blocks from downtown, offers a turnkey opportunity for hospitality entrepreneurs. The 7,192 square foot building sits on 2.23 acres with ample paved parking. A fully equipped commercial kitchen features a 10x12 and 8x8 walk-in cooler, a 6x8 walk-in freezer, a Picard 5 Deck stone pizza oven, a 72-inch charbroiler, a double steamer, and a 36-inch flat top with three burners. The property also includes a dedicated gaming area, a full bar with televisions, and a covered outdoor area with fans and TVs, perfect for live entertainment and events. This established restaurant boasts a stellar reputation for delicious food and exceptional service, benefiting from Bainbridge's continued growth and influx of new businesses. The asking price is $1,450,000. Proof of funds or pre-approval is required before scheduling an appointment or releasing any financial information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,067,853
    6.5%
    $985,711
    7%
    $915,303
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,288,424
    Geo Method
    $1,288,424
  • Alternative Use

    Use
    Valuation
    Residential
    $831,484
    Hospitality
    $761,635
    Educational
    $633,671
    Medical
    $655,464
    Retail
    $985,711
400 Scott St, Bainbridge, Georgia

Location Insight

City
Bainbridge
County
Decatur
State
Georgia
Latitude
30.9088
Longitude
-84.5673
CBSA code
12460
CBSA name
BAINBRIDGE, GA MICROPOLITAN 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
$7,332
$8,325
$229,394
$237,719
-
$20,813
$573,484
$594,297

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