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    Historic Building in Downtown Valdosta Title is generated by Realmo AI

    208 N Patterson, Valdosta, GA 31601

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    Claim this Listing
    For Sale
    $829,000

    COMMERCIAL - Valdosta, GA

    Property size:
    7,560 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $109/SF
    Added:
    Feb 26, 2026
    Days on Market:
    130
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 208 N Patterson

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CD
    Standard status
    Active
    APN
    0118C 129
    Size
    7,560 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9424

    We can help!

    Contact an agent
    Jordan Ganas

    Listing agent Jordan Ganas License #411730

    Listing office Southern Classic Realtors P.O. Box 6565, Athens, GA

    Listing date Feb 26, 2026

    MLS# 149792

    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.

    HighLights

    • Prime downtown location directly across from the Lowndes County Courthouse.
    • Fully renovated 7,560 sq ft historic building with modern upgrades.
    • Approved for 300 occupancy, ideal for restaurant, entertainment, or large events.
    • Complete restaurant kitchen setup ready for operation.
    • Security and camera system, and full sprinkler system in place.
    • Two floors with front and rear staircases, plus basement storage.

    Overview

    Located in downtown Valdosta, Georgia, directly across from the Lowndes County Courthouse, this renovated 7,560 square foot historic building offers visibility and flexibility. Originally renovated in 2015, the property combines historic charm with modern upgrades. The space features exposed brick walls, a full sprinkler system, a security and camera system, and updated infrastructure. Approved for an occupancy of 300, it is suited for restaurant, entertainment, or large event use. The main level includes a complete restaurant kitchen setup. Two floors with front and rear staircases allow for multiple layout options. A basement provides additional storage. Positioned in one of downtown's most desirable blocks, this property on a 0.1-acre lot is a turnkey historic property ready for its next venture.

    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 $99.8k $13.20
    − Vacancy −$6.8k −$0.90
    EGI $93.0k $12.30
    − OpEx −$23.3k −$3.08
    NOI $69.8k $9.23
    7,560 SF · lease $13.20/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $996.5K
    $871.9K – $1.16M (±1% cap)
    NOI $69,755 @ 7.0% cap · market cap 8.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,342 @ 7.0% cap · market cap 9.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Dental Office Pharmacy Cafe & Coffee Shop Big Box & Wholesale Store Storage Facility Skin Care Clinic Bakery Electrical Service Bar & Pub Carpet & Flooring Store

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

    Similar Places Nearby

    • Lavern's Catering & Creative Designz — 929 Bunche Dr, Valdosta, GA 31601
    • NickAMillion — 100 N Patterson St, Valdosta, GA 31601
    • Birdies Events & Catering — 206 n patterson st, valdosta, ga 31601

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2798914
    Latitude
    30.8322978

    FAQs

    What type of property is this?
    Restaurant - Renovated 7,560 SF historic building ideal for restaurant/events.
    Where is this restaurant located?
    The property is located at 208 N Patterson Valdosta, GA.
    What is the asking price?
    The asking price for this property is $829,000.
    What are key features of this property?
    This property features: Prime downtown location directly across from the Lowndes County Courthouse.; Fully renovated 7,560 sq ft historic building with modern upgrades.; Approved for 300 occupancy, ideal for restaurant, entertainment, or large events.
    More about this property
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