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    114 Patterson St Valdosta, GA 31601

    Sponsored
    For Sale
    $450,000

    Commercial Sale - Valdosta, GA

    Property size:
    3,600 SF
    Lot size:
    0.04 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 114 Patterson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-D
    APN
    0120A 139
    Parking features
    Paved or Surfaced
    Interior features
    Living Quarters, Private Restrooms
    Exterior features
    Other
    Size
    3,600 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    2
    Building materials
    Block, Brick, Brick Veneer, Frame
    Architectural style
    Other

    COLDWELL BANKER PREMIER REAL E (229) 244-3535

    Listing agent John Courson (229) 244-3535

    Listing date Jan 3, 2026

    MLS# 147195 Listing URL

    Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Valdosta Mixed-Use Investment

    Located in the heart of historic downtown Valdosta, the property at 114 N Patterson Street is a mixed-use building featuring street-level commercial space with two modern loft apartments above. The building offers an opportunity for investment or owner-occupancy. The approximately 3,600 square foot building blends classic downtown character with updated interiors and in-place income. The ground floor is leased to a dance studio with visibility along Patterson Street, storefront windows, and a recessed entry. The second level features two loft-style apartments with open living areas, hardwood floors, and updated kitchens and baths. One apartment includes a step-up bedroom area overlooking the front living space. The property generates approximately $3,500 per month in gross rental income, or $42,000 annually, based on existing leases and recent rentals. Rental rates are considered consistent with current downtown Valdosta market conditions. The property has rear access backing directly to the City of Valdosta-owned Toombs Street public parking lots. The 0.041-acre property is surrounded by restaurants, shops, offices, and entertainment venues. It is suited for investors seeking stable downtown income or owner-occupants looking for a flexible live/work opportunity in one of Valdosta's walkable locations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vintage Dragonfly Gift Shop Bonchon Solar Energy Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2793337
    Latitude
    30.8311409

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in historic downtown Valdosta with strong income.
    Where is this mixed-use property located?
    The property is located at 114 Patterson St Valdosta, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime downtown Valdosta location in a walkable area near restaurants, shops, and entertainment.; - Mixed-use property with street-level commercial space and two modern loft apartments.; - Generates approximately $3,500 per month in gross rental income.
    (229) 244-3535
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    Realmo Value Estimation

    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

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    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.

    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
    114 Patterson St Valdosta, GA 31601
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