Turn-Key Restaurant Opportunity in
For Sale
$470,000
3411 Highway 53 E, Jasper, GA 30143
SINGLE_FAMILY - Jasper, GA
Property Size1,708 SF
Lot Size0.48 Acres
Price / SF$275.18
Days on Market296
Property Features for 3411 Highway 53 E
General Information
Property type
Residential
Property subtype
Retail
Zoning
COMM
Parking
15
Parking features
Parking Lot
Interior features
Restrooms
Lot features
Free Standing, Level
Directions
From downtown Jasper follow highway 53 east approximately 3.4 miles to the restaurant Tamale factory on the left
Standard status
Active
APN
052A 006
Size
1,708 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3206
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1963
Floors in Building
1
Flooring type
Concrete, Tile - Ceramic
Building materials
Concrete, Frame, Stucco
Roof type
Asphalt
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Evelyn Calhoun · License #381641
(770) 495-5050
Added: Oct 9, 2025
Changed: Jul 28
Last Checked: Jul 31 at 6:06PM
MLS# 7662987
Copyright © 2026 First Multiple Listing Service, Inc. 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 is a restaurant opportunity located just outside of downtown Jasper. The property has been upgraded and remodeled within the past two years. Located along Highway 53, the site offers visibility, a high traffic count, and parking including space for large trucks. The site originally opened in 1963 as Quick Burger, a drive-in. The interior features seating for over 50 guests, and an outdoor patio. All equipment, furniture, refrigerators, and cooking appliances are included. The property is a turn-key opportunity with potential for growth through breakfast service, expanded catering, or other concepts. The lot size is 0.48 acres and the property size is 1708 square feet.
Key Highlights
- Fully renovated restaurant with new equipment and furniture included.
- Prime location on Highway 53 with excellent visibility and ample parking, including space for large trucks.
- Turn‑key opportunity ready for immediate operation.
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 | $39.4k | $23.04 |
| − Vacancy | −$2.8k | −$1.61 |
| EGI | $36.6k | $21.43 |
| − OpEx | −$9.1k | −$5.36 |
| NOI | $27.4k | $16.07 |
1,708 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$392.1K
$343.1K – $457.5K
NOI $27,448 @ 7.0% cap · market cap 5.84%
Second Best
Retail
$343.2K
$300.3K – $400.4K
NOI $24,024 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$477.5K
$417.8K – $557.0K
NOI $33,422 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
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?
Turn key restaurant - Prime restaurant location with high visibility and ample parking.
Where is this turn key restaurant located?
The property is located at 3411 Highway 53 E Jasper, GA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Fully renovated restaurant with new equipment and furniture included.; Prime location on Highway 53 with excellent visibility and ample parking, including space for large trucks.; Turn‑key opportunity ready for immediate operation.
