400 Scott StBainbridge, GA 39817

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

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.

• 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

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

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