205 2Nd StDonalsonville, GA 39845

Property Details for 205 2Nd St

Year built

1949

Lot size

0.07 AC

Property size (Sq ft)

2,772 SF

Property type

Retail properties

Property subtype

Retail space

APN

D0150104

APU

D0150104

Description

This exceptional 2,772 square foot commercial property is situated in the vibrant downtown area of Donalsonville, Georgia. Located at 205 2nd Street, this standalone building sits on a 0.07-acre lot and offers a unique blend of functionality and style. The property boasts eye-catching metal farm-style sliding doors leading to a spacious rear room, ideal for storage or additional workspace. A separate room is equipped with washer/dryer hookups, providing convenient on-site laundry facilities. The well-appointed bathroom features a single toilet, a urinal, and two showers, catering to a variety of needs. Comfort is ensured with two brand new air conditioning units installed in 2023, guaranteeing year-round climate control. The building's prime location ensures high visibility, thanks to its prominent glass front doors. Free public parking is readily available just steps away, offering convenient access for customers and employees. Zoned C3-Commercial, this versatile space presents a fantastic opportunity for a diverse range of businesses, from retail to office space, or even a combination thereof. The property's strategic location and attractive features make it an exceptional investment opportunity in the thriving Donalsville commercial market. This is a chance to own a piece of Donalsville's downtown revitalization. The asking price is $89,000.

• CAP approach

  CAP return

  Valuation

  6%

  $411,581

  6.5%

  $379,921

  7%

  $352,784

• Comparable approach

  Method

  Valuation

  Relative Method

  $496,595

  Geo Method

  $496,595

• Alternative Use

  Use

  Valuation

  Residential

  $320,477

  Hospitality

  $293,556

  Educational

  $244,235

  Medical

  $252,634

  Retail

  $379,921

Location Insight

City

Donalsonville

County

Seminole

State

Georgia

Latitude

31.0414

Longitude

-84.8804

Property Tax & Assessments

FAQs

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