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    400 River St Ellijay, GA 30540

    For Sale
    $6,900,000

    COMMERCIAL - Ellijay, GA

    Lot size:
    14.09 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 400 River St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1081 112A
    Parking features
    Parking Lot
    Lot size
    14.09 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    2000
    Additional Structures
    Workshop

    REMAX Town & Country (770) 596-6599 [email protected]

    Listing agent Jacob Engstrom (706) 632-7653

    Listing date Oct 22, 2025

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mill on 14 Acres

    This historic commercial property, located at 400 River St in Ellijay, GA, is available for purchase. Originally built in 1895, the 6,100 sq ft former lumber mill features original timber beams and trusses. The property is situated on 14.09 acres within the city limits and includes 1445+ feet of frontage on the Cartecay River, bordering the CSX railroad, and over 1665 feet of road frontage in downtown Ellijay. The land includes flat open areas suitable for expansion or development, and an additional 3.46-acre terraced parcel on the opposite side of River Street. Currently, the property has two land leases generating income: a used car dealership operating out of a commercial office building, and a small cabin being utilized as a spa. This property offers flexibility for various uses, including a mixed-use development, boutique hotel, restaurant and event venue, or retail center. It could also be preserved and restored as a historic destination. The property is zoned within the city limits and offers river frontage and historic charm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

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

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

    Similar Places Nearby

    U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Ellijay
    County
    Gilmer
    State
    Georgia
    Longitude
    -84.477936
    Latitude
    34.686242

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    FAQs

    What type of property is this?
    Parking lot & garage - Iconic commercial property with river frontage in downtown Ellijay.
    Where is this parking lot & garage located?
    The property is located at 400 River St Ellijay, GA.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: - 14.09 Acres with **1445+ Feet of Cartecay River Frontage** in Downtown Ellijay; - Historic **6,100 Sq Ft Former Lumber Mill** with Original Timber Beams and Trusses; - Prime Location with 1665+ Feet of Road Frontage and High Visibility
    (706) 632-7653
    Request Owner's contact information
    400 River St Ellijay, GA 30540
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    Ellijay, GA 30540
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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

    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
    400 River St Ellijay, GA 30540
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