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1761 Walnut Ave Covington, GA 30014

For Sale
$465,000

2.5-acre lot, high-growth area

Property size:
1,520 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional 2.5-acre commercial lot, located at 1761 Walnut Avenue (also known as 1761 GA Hwy 138) in Covington, Georgia, presents a unique investment opportunity. The 1,520 square foot building currently on the property is situated on a septic system, although city sewer access is readily available. This prime location offers significant potential for development, given its strategic position directly across from the planned Downtown Walnut Grove Master Development. This ambitious project envisions a vibrant mixed-use town center, incorporating retail, commercial, office, and residential spaces, creating a new hub for growth and community engagement. The property's high visibility and accessibility are further enhanced by the planned installation of a double-lane roundabout at the nearby intersection by the Georgia Department of Transportation, promising improved traffic flow and increased visibility. The surrounding area also includes additional commercially zoned parcels, presenting opportunities for assemblage and expansion. Detailed plans for both the Downtown Walnut Grove Master Development and the Georgia DOT's infrastructure improvements are available upon request. This property is ideally suited for developers seeking to capitalize on the burgeoning growth and revitalization of this dynamic area. The asking price for this exceptional opportunity is $465,000.

Property Features for 1761 Walnut Ave

General Information

Property type
Other commercial real estate
Square Feet
1,520 SF
Lot Size
108,900 SF

Building Details

Year Built
1920

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Covington
County
Walton
State
Georgia
Longitude
-83.84928
Latitude
33.74357

FAQs

What type of property is this?
Commercial real estate - 2.5-acre lot, high-growth area
Where is this commercial real estate located?
The property is located at 1761 Walnut Ave Covington, GA.
What is the asking price?
The asking price for this property is $465,000.
More about this property
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