Recently Renovated Convenience
1717 Broad Street Lumpkin, GA 31815
New
For Sale
$500,000
COMMERCIAL - Lumpkin, GA
Property Size1,914 SF
Lot Size0.19 Acres
Price / SF$261.23
Days on Market5
Property Features for 1717 Broad Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
On Street
Standard status
Active
APN
LU04 011
Size
1,914 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
953
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1958
Listing Agency:
Keller Williams Realty Atl. Partners
(770) 252-2266
Listed By:
Angie Mckernan · License #376845
(770) 584-8187
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 27 at 10:06PM
MLS# 10813094
Copyright © 2026 Georgia Multiple Listing Service. 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.
Shoppers Stop Food Mart is a recently closed-down convenience store property in Lumpkin, Georgia being sold as-is along with the business. The store interior has been recently renovated and features a brand-new walk-in cooler, new air conditioners, and fiberglass tanks. The seller is also including a brand-new vent hood and all new cooking equipment that can support opening a deli in the store.
The store uses city water and city sewage. There is no COAM/game machine, and the property includes a separate room that is already wired for that use. The property is located next door to the bank and across the street from the post office.
The listing includes both the real estate and business, with access available for interior showings by appointment.
The store uses city water and city sewage. There is no COAM/game machine, and the property includes a separate room that is already wired for that use. The property is located next door to the bank and across the street from the post office.
The listing includes both the real estate and business, with access available for interior showings by appointment.
Key Highlights
- Central heating and central air conditioning
- On‑street parking
- Year built: 1958
Financial Insights For Specialty 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 | $34.9k | $18.24 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $33.3k | $17.40 |
| − OpEx | −$8.3k | −$4.35 |
| NOI | $25.0k | $13.05 |
1,914 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$356.8K
$312.2K – $416.3K
NOI $24,979 @ 7.0% cap · market cap 5.00%
Second Best
Retail
$333.1K
$291.4K – $388.6K
NOI $23,314 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$428.3K
$374.7K – $499.6K
NOI $29,978 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Inside has been recently renovated with a new walk-in cooler and updated HVAC, plus included deli-ready cooking equipment.
Where is this grocery and convenience store located?
The property is located at 1717 Broad Street Lumpkin, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Central heating and central air conditioning; On‑street parking; Year built: 1958
