Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1717 State Highway 17 Young Harris, GA 30582

    Sponsored
    For Sale
    $535,000

    SINGLE_FAMILY - Young Harris, GA

    Type:Retail
    Property size:
    3,750 SF
    Lot size:
    0.78 Acres
    Days on Market:
    45
    Last Refresh:
    Jan 31 at 2:06 am

    Property Features for 1717 State Highway 17

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    yes
    APN
    0018C044
    Parking
    40
    Parking features
    Parking Lot
    Interior features
    Restrooms
    Fencing
    Chain Link
    Size
    3,750 SF
    Lot size
    0.78 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central, Forced Air, Natural Gas
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1982
    Floors in Building
    1
    Flooring type
    Vinyl, Concrete
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    TRACIE PICCINNI
    TRACIE PICCINNI

    Classic Homes Realty of Atlanta (678) 608-9800

    Listing agent TRACIE PICCINNI (678) 891-7362

    Listing date Dec 18, 2025

    MLS# 7626063

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

    Learn more

    Property Insight Report

    Overview

    Former Restaurant on Highway 17

    This is a former restaurant located on the Young Harris/Hiawassee city line. It is an independent, single-story, 3,750 square foot building situated on approximately 0.78 acres with a private parking lot. Extensive interior renovations were completed in 2024, including a new ADA-compliant bathroom, a new water heater, a new A/C handler and outside tank, and upgraded plumbing. The flooring consists of epoxy and vinyl for easy cleanup, and the building is up to code. There is a two-sided billboard on the property that offers potential additional income. The property benefits from great traffic exposure on main GA Hwy 17, with a double-sided, lit street sign and signage on the building itself. This location offers an excellent opportunity in a growing market near popular Lake Chatuge, and is less than 4 miles from Young Harris College. The mixed-use building and land have endless potential for possible car sales, car repair, storage, retail, office, or medical uses. It could also be used as another restaurant or bar/lounge. The restaurant equipment has been removed; however, the grease trap, electrical, and plumbing are in place for hookup of new equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Young Harris
    County
    Towns
    State
    Georgia
    Longitude
    -83.825275
    Latitude
    34.973639

    Nearby Similar for Sale

    • $599,900
      3,540 SF

      Highway Frontage Retail Opportunity

      Two-story building on 1.6 acres with highway frontage.
      2641 St Hwy, Young Harris, GA 30582
      View Details
    • $920,000
      1,580 SF

      Thriving Gas Station with Restaurant

      Community gas station with convenience store and separate restaurant.
      2605 Hwy, Young Harris, GA 30582
      View Details
    • $469,800
      840 SF

      Turnkey Tiny Homes Investment Opportunity

      Two fully furnished tiny homes on 2.11 acres.
      476 Lapidary Ln, Young Harris, GA 30582
      View Details
    • $3,500,000
      31 SF

      Young Harris Event Space Property

      31-acre event space with multiple structures and residential units.
      2835 Plottown Rd, Young Harris, GA 30582
      View Details
    • $1,949,000

      Young Harris Estate with Acreage

      Estate featuring pastures, creek frontage, and mountain views.
      392 Hwy, Young Harris, GA 30582
      View Details
    • $575,000

      Lakefront Condo with Mountain Views

      Furnished 3BR/2BA lakefront condo with mountain views and stepless entry.
      1688 Lakeview Dr, Young Harris, GA 30582
      View Details

    FAQs

    What type of property is this?
    Restaurant - Renovated 3,750 SF building on 0.78 acres near Lake Chatuge.
    Where is this restaurant located?
    The property is located at 1717 State Highway 17 Young Harris, GA.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - Prime location on GA Hwy 17 near Lake Chatuge and Young Harris College, offering high visibility and accessibility.; - Recent 2024 renovations including new ADA compliant bathroom, water heater, and A/C system.; - Versatile 3750 sq ft building suitable for restaurant, retail, office, medical, or storage.
    (678) 891-7362
    Request Owner's contact information
    1717 State Highway 17 Young Harris, GA 30582
    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.
    1717 State Highway 17
    Young Harris, GA 30582
    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
    1717 State Highway 17 Young Harris, GA 30582
    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

    We can help!
    Listing Contact
    TRACIE PICCINNI
    TRACIE PICCINNI
    Real Estate License ID: 333391
    (678) 891-7362
    Learn more
    Google sign-in failed. Please try again or use another login method.