Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    111 S Central Street Swainsboro, GA 30401

    View on Map
    For Sale
    $499,000

    COMMERCIAL - Swainsboro, GA

    Property size:
    4,322 SF
    Lot size:
    0.40 Acres
    Added:
    Jul 16, 2025
    Days on Market:
    260
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 111 S Central Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    S36 007A
    Size
    4,322 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    TaxYear
    24
    TaxAnnualAmount
    2155

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1982
    Building materials
    Aluminum Siding, Concrete, Frame, Steel Siding

    We can help!

    Listing Contact
    Terri Bell
    Terri Bell

    Listing agent Terri Bell License #348445

    Listing office Southern Estates Homes & Land 520 S Railroad Ave., Twin City, GA

    Listing date Jul 16, 2025

    MLS# 10565481

    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.

    Overview

    Remodeled Commercial Building in Swainsboro

    This 4,322 square foot commercial building is located in Swainsboro, Georgia. The property, situated on a 0.4-acre lot, has been recently remodeled with an open floor plan, updated bathrooms, new flooring, a new HVAC unit, and security cameras. The sale includes the existing game room business. According to the listing, the building is suitable for various purposes, including a restaurant or other business opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic

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

    Similar Places Nearby

    • Southern Traditions Floral — 105 East St, Swainsboro, GA 30401
    • Jim Roberts Designs — 105 East St, Swainsboro, GA 30401

    Location Insight

    • Map
    • Local Demand
    City
    Swainsboro
    County
    Emanuel
    State
    Georgia
    Longitude
    -82.337343
    Latitude
    32.597287

    Nearby Similar for Sale

    • $1,800,000
      7,900 SF

      Historic Victorian Inn with Commercial Kitchen

      Restored 1890 Queen Anne inn on 2.9 acres.
      323 N Main Street, Swainsboro, GA 30401
      View Details
    • $669,000
      27,320 SF

      Swainsboro Commercial Warehouse with Offices

      Large commercial warehouse featuring offices, showroom, and ample parking.
      204 Coleman St, Swainsboro, GA 30401
      View Details
    • $499,900
      4,635 SF

      Swainsboro Commercial Property For Sale

      Commercial property on 1.36 acres with retail and residential structures.
      420 & 424 N Main Street, Swainsboro, GA 30401
      View Details
    • $270,000
      5,004 SF

      Swainsboro Commercial Property For Sale

      Commercial property in Swainsboro, great location, endless possibilities.
      425 Church Street, Swainsboro, GA 30401
      View Details
    • $200,000
      6,300 SF

      Swainsboro Commercial Property Auction

      3.37 acres with showroom and shop buildings for sale.
      534 S Main St, Swainsboro, GA 30401
      View Details
    • $1,068,000
      1,732 SF

      Swainsboro Restaurant Investment Opportunity

      Well-maintained 1,732 SF restaurant in Swainsboro, Georgia for sale.
      438 S Main St, Swainsboro, GA 30401
      View Details
    • $990,000
      54,569 SF

      Swainsboro Industrial Warehouse For Sale

      54,569 SqFt industrial warehouse available in Swainsboro, Georgia.
      318 Modoc Rd, Swainsboro, GA 30401
      View Details
    • $1,600,000
      56,678 SF

      Swainsboro Commercial Property for Sale

      Mixed-use commercial property available in Swainsboro, Georgia.
      308 Glenwood Rd, Swainsboro, GA 30401
      View Details

    FAQs

    What type of property is this?
    Storefront property - Turnkey commercial building with game room business included in sale.
    Where is this storefront property located?
    The property is located at 111 S Central Street Swainsboro, GA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Complete business included in sale (game room).; Recently remodeled with open floor plan.; New HVAC unit.
    (478) 494-1663
    We can help!
    Listing Contact
    Terri Bell
    Terri Bell
    Real Estate License ID: 348445
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!