Restaurant and Bar with Upstairs
For Sale
Contact for pricing
311 Pendleton Street, Waycross, GA 31501
Three-in-one food and hospitality setup with a bar, restaurant, and four upstairs suites in downtown Waycross.
Property Size4,000 SF
Price / SF$74.75
Days on Market56
Property Features for 311 Pendleton Street
General Information
Standard status
Active
Size
4,000 SF
Class
C
Total Parking Spaces
5
Property subtype
Retail, Hospitality, Business for Sale
Additional Details
Business Included
Yes
Building Details
Year Built
1928
Stories
2
Units
6
Listing Agency:
FESPERMAN REAL ESTATE
(912) 288-1988
Listed By:
George T Fesperman · License #GA 235334
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 10 at 2:11PM
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 FESPERMAN REAL ESTATE
Investment Insights
Based on property information with market context.
This property has operated in food service for 30 years and is structured around three revenue streams: a bar, a restaurant, and a bed-and-breakfast concept upstairs. The business history includes periods as a fine dining restaurant with wine tastings and later service as a Thai restaurant before operating most recently as an upscale bar. Upstairs, there are four suites that support short-stay lodging.
Located in downtown Waycross at 311 Pendleton Street, the property is presented as a turnkey hospitality opportunity for an operator who wants a single site with multiple uses under one roof. Photos are available from past years as well as current conditions, providing a view of both the property’s history and what’s in place today.
For buyers or tenants looking for a hospitality-minded configuration, the layout supports an on-site guest experience by pairing food and beverage operations with the option to offer lodging through the four upstairs suites. Whether you plan to run the concept as a restaurant and bar with integrated lodging, or adapt the components to your preferred format, the property’s existing restaurant/bar use and upstairs suite setup provide a practical foundation for continued operation.
Located in downtown Waycross at 311 Pendleton Street, the property is presented as a turnkey hospitality opportunity for an operator who wants a single site with multiple uses under one roof. Photos are available from past years as well as current conditions, providing a view of both the property’s history and what’s in place today.
For buyers or tenants looking for a hospitality-minded configuration, the layout supports an on-site guest experience by pairing food and beverage operations with the option to offer lodging through the four upstairs suites. Whether you plan to run the concept as a restaurant and bar with integrated lodging, or adapt the components to your preferred format, the property’s existing restaurant/bar use and upstairs suite setup provide a practical foundation for continued operation.
Key Highlights
- Built in 1928 with a three‑in‑one setup: bar, restaurant, and four upstairs suites
- Business includes three revenue streams: bar, restaurant, and B&B upstairs
- Upstairs offers four suites that can be used for short‑term lodging
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 39%
Dining 6%
Home Improvements & Furnishings 2%
Food Lion Grocery Store
Groceries
16,945 visits/mo
0.3 miles
Circle K
Shops & Services
9,826 visits/mo
0.3 miles
Dollar General
Shops & Services
6,187 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,177 visits/mo
0.2 miles
Pizza Hut
Dining
2,803 visits/mo
0.3 miles
Demographics for 31501, GA
14,036
Population
6,867
Households
2
Avg Household Size
40
Median Age
18%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$37,203
Median Household Income
$30,426
Median Earnings
$752
Median Rent
$100,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three-in-one food and hospitality setup with a bar, restaurant, and four upstairs suites in downtown Waycross.
Where is this conventional restaurant located?
The property is located at 311 Pendleton Street Waycross, GA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Built in 1928 with a three‑in‑one setup: bar, restaurant, and four upstairs suites; Business includes three revenue streams: bar, restaurant, and B&B upstairs; Upstairs offers four suites that can be used for short‑term lodging
