Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1506 Memorial Dr Waycross, GA 31501

    For Sale
    $2,000,000

    Commercial Sale - Waycross, GA

    Property size:
    9,091 SF
    Lot size:
    0.96 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 1506 Memorial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    WA1812 017
    Parking
    50
    Size
    9,091 SF
    Lot size
    0.96 Acres

    Building Details

    Year built
    1973
    Architectural style
    Other

    eXp Realty, LLC (770) 361-7068

    Listing agent Heather Fluker (888) 959-9461

    Listing date Oct 14, 2025

    MLS# 1655368 Listing URL

    Copyright © 2025 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waycross Commercial Property on Memorial

    Located in Waycross, Georgia, the property at 1506 Memorial Drive offers potential for various ventures. Currently operating as a Mexican restaurant and a Cuban bakery, the property features an elegant facade and a prime location on Memorial Drive, ensuring high visibility and accessibility. The interior provides a versatile space with a well-maintained infrastructure, suitable for entrepreneurial endeavors. The property could accommodate a cafe, a specialty restaurant, a bar and grill, or a steakhouse. The building has a new roof as of September 2024. With its character, location, and potential, this property offers an opportunity to become part of the Waycross community. The lot size is 0.96 acres, and the property size is 9,091 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Toll Cuban Bakery Bakery El Santo Coyote ... Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.3405525
    Latitude
    31.2081308

    Nearby Similar for Sale

    • $707,490
      2,210 SF

      Income-Producing Pecan Orchard with Residences

      235-acre pecan orchard with residences and development potential.
      850 Woodard Ln, Waycross, GA 31503
      View Details
    • $1,600,000
      7,000 SF

      Premier Event Venue on 9 Acres

      Modern rustic venue perfect for weddings and special occasions.
      3817 Central Ave, Waycross, GA 31503
      View Details
    • $399,000
      14,808 SF

      Versatile Commercial Building in Waycross

      Adaptable 14,808 sq ft building suitable for diverse commercial uses.
      4065 Memorial Dr, Waycross, GA 31503
      View Details
    • $599,000
      2.07 Acres

      Waycross Church Property For Sale

      2.07-acre church property with sanctuary, classrooms, kitchen, and parking.
      412 Mcdonald St, Waycross, GA 31501
      View Details
    • $825,000
      4,122 SF

      Waycross Commercial Property For Sale

      Recently renovated retail property with established business opportunity in Waycross.
      816 Memorial Dr, Waycross, GA 31501
      View Details
    • Contact for pricing
      2.19 Acres

      Versatile Shop Space Available

      Spacious shop with offices and bays for lease.
      2033 Bell St, Waycross, GA 31501
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial property in Waycross, Georgia, with high visibility.
    Where is this restaurant located?
    The property is located at 1506 Memorial Dr Waycross, GA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High visibility and easy access due to its prime location on Memorial Drive.; - Versatile and spacious interior suitable for various business ventures.; - Currently configured for restaurant use (Mexican and Cuban).
    (888) 959-9461
    Request Owner's contact information
    1506 Memorial Dr Waycross, GA 31501
    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.
    1506 Memorial Dr
    Waycross, GA 31501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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

    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.

    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
    1506 Memorial Dr Waycross, GA 31501
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.