Mixed-Use Duplex with Salon
For Sale
$195,000
110 W North, Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
Property Size1,630 SF
Lot Size0.17 Acres
Price / SF$119.63
Days on Market135
Property Features for 110 W North
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-P
Subdivision
3-S of Park Ave to E Oak St to S Hill Ave
Standard status
Active
APN
0118A 111
Size
1,630 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 2 BLK 215 SLATER, ASHLEY
Tax Annual Amount
2484
Legal Description
LT 2 BLK 215 SLATER, ASHLEY
Building Details
Year built
1920
Listing Agency:
REAL LIVING REALTY ADVISORS
(229) 560-5889
Listed By:
Tammy Borders · License #207186
(229) 560-5889
Added: Mar 24
Changed: Aug 4
Last Checked: Aug 5 at 6:06PM
MLS# 153079
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.
Investment Insights
Based on property information with market context.
This stucco-on-block property built in the 1920s–1930s has been converted into two rental spaces. The front portion is currently operating as a hair salon and includes a waiting area, a spacious main work area, an additional room, a hallway half bath, and a separate storage room for supplies. The front salon layout could be converted into a single apartment to support two residential rental units.
At the rear is a vintage 1-bedroom, 1-bath apartment with a sitting room and a laundry area. The rear unit is currently rented for $450 per month. The property has shared water service, with separate electric and gas meters for each unit. There are approximately five parking spaces located at the rear, with additional street parking available.
At the rear is a vintage 1-bedroom, 1-bath apartment with a sitting room and a laundry area. The rear unit is currently rented for $450 per month. The property has shared water service, with separate electric and gas meters for each unit. There are approximately five parking spaces located at the rear, with additional street parking available.
Key Highlights
- Mixed‑use property offering potential for two rental units.
- Enjoy existing income from a vintage 1‑bedroom, 1‑bath apartment currently rented for $450/month, featuring a sitting room and laundry area.
- Front portion is a hair salon with waiting area, work area, additional room, half bath, and storage.
Financial Insights For 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 | $20.5k | $12.60 |
| − Vacancy | −$2.2k | −$1.32 |
| EGI | $18.4k | $11.28 |
| − OpEx | −$5.5k | −$3.38 |
| NOI | $12.9k | $7.89 |
1,630 SF · lease $12.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$183.8K
$160.8K – $214.5K
NOI $12,867 @ 7.0% cap · market cap 6.60%
Second Best
Multifamily LT 5
$155.5K
$136.0K – $181.4K
NOI $10,882 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Converted duplex features a front hair salon space and a rear 1-bedroom apartment with separate electric and gas meters.
Where is this duplex located?
The property is located at 110 W North Valdosta, GA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Mixed‑use property offering potential for two rental units.; Enjoy existing income from a vintage 1‑bedroom, 1‑bath apartment currently rented for $450/month, featuring a sitting room and laundry area.; Front portion is a hair salon with waiting area, work area, additional room, half bath, and storage.
