Turn-Key Restaurant Opportunity in
3411 Highway 53 E Jasper, GA 30143
SINGLE_FAMILY - Jasper, GA
Type:Retail
Property size:
1,708 SFLot size:
0.48 AcresPrice / SF:
$275/SF- Added:
- Oct 9, 2025
- Days on Market:
- 275
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 3411 Highway 53 E
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- COMM
- Parking
- 15
- Parking features
- Parking Lot
- Interior features
- Restrooms
- Standard status
- Active
- APN
- 052A 006
- Size
- 1,708 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3206
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Flooring type
- Concrete, Tile - Ceramic
- Building materials
- Concrete, Frame, Stucco
- Roof type
- Asphalt
Listing agent Evelyn Calhoun License #381641 (770) 495-5050
Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA (770) 495-5050
Listing date Oct 9, 2025
MLS# 7662987
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.
Investment Insights
Based on property information with market context.
This is a restaurant opportunity located just outside of downtown Jasper. The property has been upgraded and remodeled within the past two years. Located along Highway 53, the site offers visibility, a high traffic count, and parking including space for large trucks. The site originally opened in 1963 as Quick Burger, a drive-in. The interior features seating for over 50 guests, and an outdoor patio. All equipment, furniture, refrigerators, and cooking appliances are included. The property is a turn-key opportunity with potential for growth through breakfast service, expanded catering, or other concepts. The lot size is 0.48 acres and the property size is 1708 square feet.
Key Highlights
- Fully renovated restaurant with new equipment and furniture included.
- Prime location on Highway 53 with excellent visibility and ample parking, including space for large trucks.
- Turn‑key opportunity ready for immediate operation.
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 | $39.4k | $23.04 |
| − Vacancy | −$2.8k | −$1.61 |
| EGI | $36.6k | $21.43 |
| − OpEx | −$9.1k | −$5.36 |
| NOI | $27.4k | $16.07 |
1,708 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$392.1K
$343.1K – $457.5K
NOI $27,448 @ 7.0% cap · market cap 5.84%
Second Best
Retail
$343.2K
$300.3K – $400.4K
NOI $24,024 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$477.5K
$417.8K – $557.0K
NOI $33,422 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Turn key restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Turn key restaurant - Prime restaurant location with high visibility and ample parking.
Where is this turn key restaurant located?
The property is located at 3411 Highway 53 E Jasper, GA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Fully renovated restaurant with new equipment and furniture included.; Prime location on Highway 53 with excellent visibility and ample parking, including space for large trucks.; Turn‑key opportunity ready for immediate operation.
