42 Court SqBlakely, GA 39823

Property Details for 42 Court Sq

Year built

1938

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

1,081 SF

Zone code

UNZONED RURAL

Property type

Turn key restaurants

APN

B021D08001

APU

B021D08001

Description

This exceptional offering presents a unique opportunity to acquire a thriving, established restaurant and its accompanying commercial real estate in Blakely, Georgia. Located at 42 Court Square, this 1,849 square foot property sits on a 0.15-acre lot and is priced at $575,000. The sale includes the entire business operation of Village Pizza, a beloved local establishment with over 15 years of consistent profitability. This turn-key operation is fully equipped and ready for immediate operation, eliminating the need for extensive setup or renovations. All furnishings, high-quality kitchen equipment, current inventory, and supplies are included, ensuring a seamless transition for the new owner. Village Pizza benefits from a prime location in a desirable commercial area, attracting a steady stream of customers and fostering a loyal local clientele. Financial records demonstrate consistent revenue generation, providing a strong foundation for continued success. The opportunity exists to further expand services, increase operating hours, or introduce new menu items to capitalize on the existing strong community presence and boost revenue even further. This comprehensive package offers a secure investment in both a profitable business and valuable commercial real estate. The property itself provides a stable asset in a thriving commercial area, making this a truly exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $160,505

  6.5%

  $148,158

  7%

  $137,575

• Comparable approach

  Method

  Valuation

  Relative Method

  $193,658

  Geo Method

  $193,658

• Alternative Use

  Use

  Valuation

  Residential

  $124,977

  Hospitality

  $114,478

  Educational

  $95,244

  Medical

  $98,520

  Retail

  $148,158

Location Insight

City

Blakely

County

Early

State

Georgia

Latitude

31.3774

Longitude

-84.9333

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].