Downtown Bainbridge Retail Opportunity

713 E Calhoun St, Bainbridge, GA

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For Sale

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Retail property in downtown Bainbridge with significant growth potential.

Type:RETAIL

Property size:

17,580 SF

Lot size:

1.60 Acres

Price / SF:

$71/SF

HighLights

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.
Growth Catalyst – New Developments Nearby: Publix, Aldi, and Anovion are set to open within the next year, increasing foot traffic and retail demand.
Lease Optimization Upside: Opportunity to transition existing full gross leases to Modified Gross or NNN leases upon renewal.
Proximity to the Tallahassee MSA: Located 40 miles from Tallahassee, providing access to a key economic hub.

We can help!

Listing Contact

Drew Milam

Learn more

For Sale

Contact for pricing

Retail property in downtown Bainbridge with significant growth potential.

Type:RETAIL

Property size:

17,580 SF

Lot size:

1.60 Acres

Price / SF:

$71/SF

Added:: Apr 15, 2025
Days on Market:: 420
Last Refresh:: May 20 at 9:53 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

We can help!

Listing Contact

Drew Milam

Listing agent Drew Milam

Listing office Matthews Real Estate Investment Services | Atlanta

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

HighLights

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.
Growth Catalyst – New Developments Nearby: Publix, Aldi, and Anovion are set to open within the next year, increasing foot traffic and retail demand.
Lease Optimization Upside: Opportunity to transition existing full gross leases to Modified Gross or NNN leases upon renewal.
Proximity to the Tallahassee MSA: Located 40 miles from Tallahassee, providing access to a key economic hub.

Overview

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

Suggested Use

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Location Insight

Map
Local Demand

City: Bainbridge
County: Decatur
State: Georgia
Longitude: -84.5705
Latitude: 30.9095

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For sale
Shopping centers
GA
Bainbridge
713 E Calhoun St

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.

713 E Calhoun St, Bainbridge, GA

Retail property in downtown Bainbridge with significant growth potential.

Property Features for 713 E Calhoun St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Commercial Property on 6.9 Acres

Versatile Commercial Property on 6.9 Acres

Bainbridge Industrial Facility For Sale

Downtown Bainbridge Commercial Property

Equipped Commercial Property on Faceville Highway

Downtown Bainbridge Mixed-Use Investment

Renovated Commercial Building in Bainbridge

Versatile Bainbridge Property with Income

Bainbridge Shopping Center For Sale

Downtown Historic Mixed-Use Building

Bainbridge Commercial Property For Sale

Income-Generating Storage Facility with Airbnb

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