Restaurant Space with Exposed
712 Lincoln Street #712, Lagrange, GA 30240
For Sale
Contact for pricing
A shared covered area offers an additional space for customer use.
Property Size1,935 SF
Price / SF$0.22
Days on Market51
Property Features for 712 Lincoln Street #712
General Information
Standard status
Size
Property subtype
Amenities
covered common area
0.39 acres, Level
Composition
Public Sewer
Parcel Number: 0601B008007
Hardwood
Listing ID: 10850869, Standard Status: Active, MLS Status: Active, On market as of 2026-09-22, 49 days on market
On Street, Parking Lot
Built in 1935, Construction Materials: Brick
County/Parish: Troup
Updated/Remodeled
Electricity Available, Water Available, Water Source: Public
Building Details
Building Size
Year Built
Listing Agency:
My Rent Source LLC
Listed By:
Steve D Kubon · License GA #323368
(404) 419-6459
Source:
Blackstreaminternational
Added: Sep 22
Changed: Nov 10
Last Checked: Nov 10 at 8:44AM
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 My Rent Source LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Restaurant space in a 1935 building features hardwood flooring, exposed brick, prominent ceiling beams, and high ceilings. The interior layout is described as flexible, and tenants have access to a covered common area.
Located at 712 Lincoln Street, Unit 712, in LaGrange, Georgia, the property combines these interior features with access to the shared covered space.
Located at 712 Lincoln Street, Unit 712, in LaGrange, Georgia, the property combines these interior features with access to the shared covered space.
Key Highlights
- 1935 year built
- Exposed brick, hardwood flooring, ceiling beams, and high ceilings
- Access to a covered common area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,295
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,900
$1.8M
Cap Rate 7%
$1,318,500
$1.3M
Cap Rate 9%
$1,025,500
$1.0M
Market Conditions
NOI Build-Up for 7,072 SF
Gross rent
$129.0K $18.24/SF
− Vacancy
−$5.9K −$0.84/SF
EGI
$123.1K $17.40/SF
− OpEx
−$30.8K −$4.35/SF
NOI
$92.3K $13.05/SF
Area
Troup County, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,900
Cap Rate 7%
$1,318,500
Cap Rate 9%
$1,025,500
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,295 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.85M
NOI $110,766 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30240, GA
30,119
Population
12,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
139.6 sq mi
ZIP Area
216
Density / Sq Mi
$59,521
Median Household Income
$40,611
Median Earnings
$1,035
Median Rent
$221,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - A shared covered area offers an additional space for customer use.
Where is this restaurant located?
The property is located at 712 Lincoln Street #712 Lagrange, GA.
What are key features of this property?
This property features: 1935 year built; Exposed brick, hardwood flooring, ceiling beams, and high ceilings; Access to a covered common area
