Turnkey Auto Shop
For Sale
$169,900
224 E 6th Avenue, Buena Vista, GA 31803
COMMERCIAL - Buena Vista, GA
Property Size3,500 SF
Lot Size0.30 Acres
Price / SF$48.54
Days on Market97
Property Features for 224 E 6th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Exterior features
Paved
Lot features
Free Standing
Directions
From Columbus Take Us 280e Toward Cusseta, Then Left Onto Ga Hwy 26e To Buena Vista, Go Straight At Light And Property Will Be 1 Mi On Left
Subdivision
12-Marion County
Standard status
Active
APN
C 08 3 11
Size
3,500 SF
Lot size
0.30 Acres
Utilities
Utilities
Water Available
Heating system
See Remarks (Heating)
Cooling system
Window Unit(s)
Amenities
office
waiting area
mini kitchen
restrooms
storage room
drive through bay
three-phase power
Building Details
Year built
1994
Number of units
1
Flooring type
Concrete
Building materials
Block
Listing Agency:
Better Homes and Gardens Historic
(706) 718-0918
Listed By:
Chris Rogers · License #157060
(706) 718-0918
Added: May 5
Changed: Aug 4
Last Checked: Aug 9 at 5:06AM
MLS# 226390
Copyright © 2026 Columbus Board of Realtors (GA). 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.
This high-traffic commercial property features a 3-bay auto repair shop facility. Located on GA Hwy 26 East, it is a few blocks from Buena Vista's courthouse square. The property has three service bays, one equipped with a lift, making it immediately operational for automotive or service-related use. The building includes an office and front counter, a waiting area, a mini kitchen, two restrooms, and a dedicated storage room. There are four large roll-up doors along with an exterior door that leads to the lobby from the parking area. Constructed of cinder block, the building has a new roof and fresh interior and exterior paint. In front of the building is ample paved parking for customers and employees, and around back, additional street frontage on 5th Ave provides parking in a large gravel area. The building also provides a drive-through bay that allows access from the front to the back of the property. The property has 3-phase power and recent updates. The building size is 3,500 square feet on a 0.3-acre lot. The sellers are conveying lifts, compressors, work tables, front counter and some other personal property items as part of a strong offer.
Key Highlights
- High‑traffic location on GA Hwy 26 East, near Buena Vista's courthouse square, offering excellent visibility and accessibility.
- Turnkey auto repair shop with 3 service bays, one equipped with a lift, ready for immediate operation.
- Includes a well‑appointed office, front counter, waiting area, mini kitchen, two restrooms, and storage room.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,568
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,360
$311.4K
Cap Rate 7%
$222,400
$222.4K
Cap Rate 9%
$172,978
$173.0K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$23.9K $6.84/SF
− Vacancy
−$1.7K −$0.49/SF
EGI
$22.2K $6.35/SF
− OpEx
−$6.7K −$1.91/SF
NOI
$15.6K $4.45/SF
Area
Marion County, GA
Vacancy
7.10%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,360
Cap Rate 7%
$222,400
Cap Rate 9%
$172,978
Alternative Uses
Best Use
Retail
$609.0K
$532.9K – $710.5K
NOI $42,632 @ 7.0% cap · market cap 25.09%
Second Best
Industrial
$222.4K
$194.6K – $259.5K
NOI $15,568 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$783.1K
$685.2K – $913.7K
NOI $54,819 @ 7.0% cap · market cap 32.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Dollar General
Shops & Services
5,313 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,354 visits/mo
0.2 miles
SUBWAY
Dining
1,654 visits/mo
0.1 miles
Ameris Bank
Shops & Services
1,588 visits/mo
0.2 miles
Carquest Auto Parts
Shops & Services
1,458 visits/mo
0.1 miles
Demographics for 31803, GA
4,889
Population
2,417
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
74%
High-School Grad
285.0 sq mi
ZIP Area
17
Density / Sq Mi
$45,646
Median Household Income
$44,311
Median Earnings
$724
Median Rent
$120,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Moon Rogers Motor Co Inc — 306 Broad St, Buena Vista, GA 31803
- D & S tire shop — 127 E 6th Ave, Buena Vista, GA 31803
- Buena Vista Insurance Agency — 109 E 6th Ave, Buena Vista, GA 31803
- Dirke'S Automotive — 109 N, 109 Forsyth St, Buena Vista, GA 31803
Frequently Asked Questions
What type of property is this?
Auto shop - Move-in-ready commercial property with auto repair shop in Buena Vista.
Where is this auto shop located?
The property is located at 224 E 6th Avenue Buena Vista, GA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: High‑traffic location on GA Hwy 26 East, near Buena Vista's courthouse square, offering excellent visibility and accessibility.; Turnkey auto repair shop with **3 service bays, one equipped with a lift**, ready for immediate operation.; Includes a well‑appointed office, front counter, waiting area, mini kitchen, two restrooms, and storage room.
