Established Restaurant
New
For Sale
$375,000
40 River Street, Ellijay, GA 30540
Commercial, Ellijay, GA
Property SizeContact for details
Lot Size0.55 Acres
Days on Market7
Property Features for 40 River Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD
Subdivision
Ar 7 Gilmer, Sub 1
Standard status
Active
Lot size
0.55 Acres
Building Details
Year built
1950
Listing Agency:
REMAX Town & Country - Ellijay · RE/MAX International
(706) 515-7653
Listed By:
Leatrice Morgan · License #360843
(706) 851-8266
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 31 at 1:06AM
MLS# 435466
Copyright © 2026 Northeast Georgia Board of Realtors. 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 offering consists of the Ellijay Little Italian restaurant business rather than the underlying commercial property. The sale includes the established business identity and its existing customer base, providing a continuing restaurant operation in Ellijay, Georgia.
The commercial building and real estate at 40 River Street are expressly excluded from the transaction. The associated property is identified with CBD zoning, but ownership of that real estate is not part of the offering.
The commercial building and real estate at 40 River Street are expressly excluded from the transaction. The associated property is identified with CBD zoning, but ownership of that real estate is not part of the offering.
Key Highlights
- Sale includes the Ellijay Little Italian restaurant business
- Established business identity and existing customer base
- Commercial building and underlying real estate are excluded
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 64%
Shops & Services 26%
Apparel 7%
Hotels & Casinos 3%
Holts Ace Hardware
Home Improvements & Furnishings
9,293 visits/mo
0.4 miles
Regions Bank
Shops & Services
2,732 visits/mo
0.2 miles
Clarks
Apparel
1,016 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
973 visits/mo
0.2 miles
Budget Inn of Ellijay
Hotels & Casinos
434 visits/mo
0.4 miles
Demographics for 30540, GA
19,397
Population
11,136
Households
1.7
Avg Household Size
48
Median Age
20%
College-Educated
85%
High-School Grad
196.5 sq mi
ZIP Area
99
Density / Sq Mi
$73,771
Median Household Income
$34,640
Median Earnings
$943
Median Rent
$267,600
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 - Operating restaurant business with an established name and existing customer base; sale excludes the building and underlying real estate.
Where is this conventional restaurant located?
The property is located at 40 River Street Ellijay, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Sale includes the Ellijay Little Italian restaurant business; Established business identity and existing customer base; Commercial building and underlying real estate are excluded
