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40 N Alexander St Toccoa, GA 30577

For Sale
$2,375,000

Historic hotel needing complete renovation in downtown Toccoa, Georgia.

Property size:
19,225 SF
Lot size:
0.57 Acres

Property Features for 40 N Alexander St

General Information

Size
19,225 SF
Lot size
0.57 Acres

Source: Pen Pointe Brokers LLC Agent Victoria Willis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Hotel in Downtown Toccoa

This is a rare opportunity to own a piece of North Georgia history with the Hotel Albemarle, built around 1924 in downtown Toccoa, Georgia. The building has 19,225 square feet according to architectural drawings. It is located across from the Stephens County Courthouse and within walking distance of downtown and the Amtrak Train Station. Partial renovations were completed in 2019, including a new roof, windows, porch renovations, fence, and fire steps. The building has a temporary power meter. The property needs complete interior renovation. The city is motivated to see the property developed. Architectural drawings and a letter from a structural engineer are available from the seller. The seller has items stored in the building that are not included with the sale.
Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Toccoa
County
Stephens
State
Georgia
Longitude
-83.331915
Latitude
34.580237

FAQs

What type of property is this?
Office building - Historic hotel needing complete renovation in downtown Toccoa, Georgia.
Where is this office building located?
The property is located at 40 N Alexander St Toccoa, GA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: - Prime Location in Downtown Toccoa: Across from the Stephens County Courthouse and walking distance to downtown amenities and the Amtrak station.; - Significant Size: Substantial 19,225 sq ft building, offering ample space for redevelopment.; - Recent Partial Renovation: Includes a new roof, windows, porch renovations, fence, and fire steps completed in 2019.
More about this property
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