713 E Calhoun St Bainbridge, GA
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Retail property in downtown Bainbridge with significant growth potential.
Type:RETAIL
Property size:
17,580 SFLot size:
1.60 AcresPrice / SF:
$71/SF- Added:
- Apr 15, 2025
- Days on Market:
- 375
- Last Refresh:
- Apr 5 at 9:49 pm
Property Features for 713 E Calhoun St
General Information
- Standard status
- Active
- Size
- 17,580 SF
- Lot size
- 1.60 Acres
- Property subtype
- RETAIL
Listing agent Drew Milam (864) 233-2007
Listing office Matthews Real Estate Investment Services | Atlanta (864) 233-2007
Listing date Apr 15, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Atlanta
Overview
Downtown Bainbridge Retail Opportunity
This retail property is located in downtown Bainbridge, adjacent to Chason Park and the Riverwalk, benefiting from consistent foot traffic and recent area growth. The property is positioned to capitalize on the area's increasing visitor numbers and strong demand for local businesses. Current tenants are leasing at an average of $7.33 per square foot, which is below the market average of $11.42 per square foot, presenting a mark-to-market opportunity. All existing leases are full gross, offering the potential to transition to Modified Gross or NNN leases upon renewal, which could increase net operating income and stabilize long-term cash flow. The property benefits from a long-term, local tenant mix and a low vacancy rate of 3.0% within a 3-mile radius. The Bainbridge market is experiencing new development, with Publix, Aldi, and Anovion set to open within the next year. Located 40 miles from the Tallahassee MSA, the property benefits from access to one of the Florida Panhandle’s key economic hubs. The property size is 17580 square feet.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- The Spot On Broad St. — 401-403 S Broad St, Bainbridge, GA 39819
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Location Insight
- Map
- Local Demand
- City
- Bainbridge
- County
- Decatur
- State
- Georgia
- Longitude
- -84.5705
- Latitude
- 30.9095
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail property in downtown Bainbridge with significant growth potential.
Where is this shopping center located?
The property is located at 713 E Calhoun St Bainbridge, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Significant Rental Growth Potential: Benefit from a 56% rent gap, offering substantial value appreciation.; Prime Downtown Location: Situated beside Chason Park and the Riverwalk, benefiting from high foot traffic.; Historically Low Vacancy & Strong Tenant Retention: Exceptionally low 3.0% vacancy rate indicates high leasing stability.
