Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building in Thomaston, GA Title is generated by Realmo AI

    107 North Center Street, Thomaston, GA 30286

    View on Map
    Claim this Listing
    For Sale
    $155,000

    COMMERCIAL - Thomaston, GA

    Property size:
    1,768 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $87/SF
    Added:
    Apr 8, 2026
    Days on Market:
    53
    Last Refresh:
    May 30 at 8:06 am

    Property Features for 107 North Center Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    APN
    T22 130
    Size
    1,768 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    979

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920
    Building materials
    Brick

    We can help!

    Listing Contact
    Janet L Knight

    Listing agent Janet L Knight License #125964

    Listing office Day Realty 100 Main Street, Thomaston, GA

    Listing date Apr 8, 2026

    MLS# 10730201

    Copyright © 2026 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.

    HighLights

    • Located off the Thomaston Historic Square
    • Approximately 1768 square feet of space
    • Suitable for various business types (coffee shop, gift shop, office, etc.)
    • Features a large open room
    • Includes a back room with 1/2 bath
    • Constructed of Brick

    Overview

    This commercial building, located off the Thomaston Historic Square, offers approximately 1768 square feet of space. The layout includes a large open room and a back room with a half bath. Situated in Thomaston, Georgia, the property occupies a lot size of 0.04 acres. The building is suitable for starting a new business and could be used as a coffee shop, gift shop, or office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Ones Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • THE Garden SHED — Thomaston, GA 30286
    • Parkway Flowers & Gift — 213 E Lee St, Thomaston, GA 30286

    Location Insight

    • Map
    • Local Demand
    City
    Thomaston
    County
    Upson
    State
    Georgia
    Longitude
    -84.326426
    Latitude
    32.888481

    Nearby Similar for Sale

    • $369,000
      1,356 SF

      Thomaston Commercial Building on Highway

      Commercial building on Highway 19 in Thomaston, Georgia.
      1541 N 19 Highway, Thomaston, GA 30286
      View Details
    • $269,000
      2,373 SF

      Downtown Thomaston Commercial Opportunity

      Versatile 2,373 sq ft commercial building in downtown Thomaston, GA.
      106 N Church Street, Thomaston, GA 30286
      View Details
    • $579,900
      3,644 SF

      Thomaston Commercial Opportunity

      Well-located commercial building suitable for various business ventures.
      1412 Hwy 19 N, Thomaston, GA 30286
      View Details
    • $600,000
      2,500 SF

      Thomaston Industrial Shop with Cranes

      Industrial shop on 2 acres with overhead cranes, leased.
      Turkey Creek Road, Thomaston, GA 30286
      View Details
    • $299,000
      2,848 SF

      Thomaston Commercial Building For Sale

      Versatile 2,848 SF commercial building with ample parking.
      200 N Bethel Street, Thomaston, GA 30286
      View Details
    • $159,000
      1,740 SF

      Thomaston Commercial Building For Sale

      Charming 1,740 sq ft building with excellent potential.
      754 S Church Street, Thomaston, GA 30286
      View Details
    • $144,900
      1,509 SF

      Thomaston Commercial Building For Sale

      Versatile commercial building near downtown Thomaston, suitable for various businesses.
      618 E Lee Street, Thomaston, GA 30286
      View Details
    • $199,900
      3,150 SF

      Thomaston Commercial Building on Highway

      Two-story, 3150 sq ft building with C-2 zoning.
      1293 S 19 Highway, Thomaston, GA 30286
      View Details
    • $1,200

      Thomaston Warehouse Space For Lease

      1500 sq ft warehouse space for lease in Thomaston, GA.
      208 B N Hightower Street, Thomaston, GA 30286
      View Details
    • $239,900
      2,040 SF

      Downtown Thomaston Commercial Opportunity

      Versatile commercial building in downtown Thomaston, suitable for various businesses.
      314 S Green Street, Thomaston, GA 30286
      View Details
    • $265,000
      1,760 SF

      Remodeled Corner Building on Square

      Turn-key office/retail space in downtown Thomaston, remodeled in 2021.
      119 W Gordon Street, Thomaston, GA 30286
      View Details
    • $1,000
      1,500 SF

      Thomaston Warehouse Space For Rent

      1500 SF warehouse space available for storage in Thomaston.
      208 B N Hightower Street, Thomaston, GA 30286
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial building with open layout, ideal for various businesses.
    Where is this storefront property located?
    The property is located at 107 North Center Street Thomaston, GA.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Located off the Thomaston Historic Square; Approximately 1768 square feet of space; Suitable for various business types (coffee shop, gift shop, office, etc.)
    (706) 975-8860
    We can help!
    Listing Contact
    Janet L Knight
    Real Estate License ID: 125964
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    107 North Center Street, Thomaston, GA 30286
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!