Renovated Conventional
122 Main St, Thomson, GA 30824
For Sale
$805,000
Includes a fully equipped kitchen and furnished dining room with seating for over 100 customers.
Property Size4,680 SF
Days on Market89
Property Features for 122 Main St
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Equipment Included
Building Details
Building Size
Year Built
Listing Agency:
D C Lawrence Real Estate, Llc
Listed By:
Donald Lawrence · License GA #270289
(706) 825-4376
Source:
Dclawrence
Added: Aug 14
Changed: Oct 26
Last Checked: Nov 10 at 6:28AM
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 D C Lawrence Real Estate, Llc
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Investment Insights
Based on property information with market context.
This 4,680-square-foot conventional restaurant at 122 Main St in Thomson, GA, combines a renovated interior with an established food-service layout. The kitchen is equipped and furnished, while the dining area accommodates over 100 customers. Tables, chairs, and other dining furnishings are included with the property, along with pots, pans, plates, glasses, and silverware.
Built in 1900, the restaurant offers an existing configuration for an owner-operator seeking a property with core kitchen and dining components already in place. The included equipment, furniture, and tableware provide a substantial base for continued restaurant use.
Built in 1900, the restaurant offers an existing configuration for an owner-operator seeking a property with core kitchen and dining components already in place. The included equipment, furniture, and tableware provide a substantial base for continued restaurant use.
Key Highlights
- 4,680‑square‑foot conventional restaurant at 122 Main St, Thomson, GA 30824
- Renovated restaurant property built in 1900
- Dining room seats over 100 customers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,987
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,740
$1.1M
Cap Rate 7%
$785,529
$785.5K
Cap Rate 9%
$610,967
$611.0K
Market Conditions
NOI Build-Up for 4,680 SF
Gross rent
$77.5K $16.56/SF
− Vacancy
−$4.2K −$0.89/SF
EGI
$73.3K $15.67/SF
− OpEx
−$18.3K −$3.92/SF
NOI
$55.0K $11.75/SF
Area
McDuffie County, GA
Vacancy
5.40%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,099,740
Cap Rate 7%
$785,529
Cap Rate 9%
$610,967
Alternative Uses
Best Use
Specialty Retail
$785.5K
$687.3K – $916.5K
NOI $54,987 @ 7.0% cap · market cap 6.83%
Second Best
Industrial
$420.9K
$368.3K – $491.1K
NOI $29,464 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,404 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30824, GA
16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a fully equipped kitchen and furnished dining room with seating for over 100 customers.
Where is this conventional restaurant located?
The property is located at 122 Main St Thomson, GA.
What is the asking price?
The asking price for this property is $805,000.
What are key features of this property?
This property features: 4,680‑square‑foot conventional restaurant at 122 Main St, Thomson, GA 30824; Renovated restaurant property built in 1900; Dining room seats over 100 customers
