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    Historic Hospitality Property with Ballroom Title is generated by Realmo AI

    108 S Lee Street, Stockbridge, GA 30281

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    Claim this Listing
    For Sale
    $1,600,000

    COMMERCIAL - Stockbridge, GA

    Property size:
    6,985 SF
    Lot size:
    3.06 Acres
    Price / SF:
    $229/SF
    Added:
    Feb 4, 2026
    Days on Market:
    143
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 108 S Lee Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    S2604009000
    Size
    6,985 SF
    Lot size
    3.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    14662

    Utilities

    Utilities
    Water Available
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Flooring type
    Tile, Carpet, Hardwood
    Building materials
    Frame
    Roof type
    Metal

    We can help!

    Contact an agent
    Angie M Burdeshaw

    Listing agent Angie M Burdeshaw

    Listing office SouthSide, REALTORS 157 Keys Ferry Street, McDonough, GA

    Listing date Feb 4, 2026

    MLS# 10686357

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic property built in 1900 in the city limits of Stockbridge, GA, on 3+ acres at 108 S. Lee Street.
    • Includes ballroom and a custom steel gazebo, with abundant indoor and outdoor event space.
    • Commercial kitchen with walk‑in cooler, stand‑up refrigerators/freezers, ice machine, gas range/ovens, warming box, and dish pit.
    • Four restrooms plus on‑site laundry; accessible approach with ramp.
    • Fully equipped for immediate operation: FF&E conveys with the sale.
    • Metal roof; central air and natural gas heating; parking lot; water available.

    Overview

    This one-of-a-kind property combines a historic home with a ballroom and a custom steel gazebo, providing both indoor and outdoor event space. The offering includes a full commercial kitchen equipped with a walk-in cooler, stand-up refrigerators and freezers, an ice machine, gas range/ovens, warming box, and a dish pit. Additional on-site amenities include on-site laundry and four restrooms. FF&E is included with the sale, supporting immediate operation for event programming.

    Set within the city limits on 3+ acres, the property is located at 108 S Lee Street in downtown Stockbridge. It sits directly across from the future Stockbridge STEM School (scheduled for completion Fall 2027) and is within walking distance to First Baptist Church of Stockbridge, the Stockbridge Amphitheater, and Stockbridge City Hall. The property is approximately 7 miles from Interstate 675 and approximately 8 miles from Interstate 75, offering regional access and proximity to nearby hotels.

    The built-in facilities make this property a practical fit for operators seeking an event venue, or buyers looking to reposition the asset for alternative uses. The seller indicates potential uses including event venue, restaurant, medical or office space, senior living, or personal care home, or a bed and breakfast (buyer to verify permitted uses). With room for expansion noted as part of the site, the property also supports future adaptation based on the buyer’s plan.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $160.9k $23.04
    − Vacancy −$11.3k −$1.61
    EGI $149.7k $21.43
    − OpEx −$37.4k −$5.36
    NOI $112.3k $16.07
    6,985 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,252 @ 7.0% cap · market cap 7.02%
    Second Best
    Hotel Hospitality
    $391.0K
    $342.2K – $456.2K (±1% cap)
    NOI $27,372 @ 7.0% cap · market cap 1.71%
    Theoretical Best
    Office A
    $1.95M
    $1.71M – $2.28M (±1% cap)
    NOI $136,680 @ 7.0% cap · market cap 8.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pinehurst Catering & Events ... Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Accounting Firm Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stockbridge
    County
    Henry
    State
    Georgia
    Longitude
    -84.228794
    Latitude
    33.542206

    FAQs

    What type of property is this?
    Wedding venue - Historic home and ballroom on 3+ acres with commercial kitchen and outdoor event space for adaptable hospitality or service uses.
    Where is this wedding venue located?
    The property is located at 108 S Lee Street Stockbridge, GA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Historic property built in 1900 in the city limits of Stockbridge, GA, on 3+ acres at 108 S. Lee Street.; Includes ballroom and a custom steel gazebo, with abundant indoor and outdoor event space.; Commercial kitchen with walk‑in cooler, stand‑up refrigerators/freezers, ice machine, gas range/ovens, warming box, and dish pit.
    More about this property
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