Property summary
This exceptional mixed-use property presents a unique investment opportunity in the heart of Downtown Perry, Georgia. Encompassing two prime corner lots totaling 0.48 acres at 806 and 810 Commerce Street, this offering features a stunning, newly renovated, 7,500 square foot, three-story historic theatre. The building's prime location sits at the intersection of Ball Street, Commerce Street, and Jernigan Street, offering excellent visibility and accessibility. Currently vacant, this versatile space is ideal for a variety of uses, making it an attractive prospect for savvy investors seeking a high-return asset. The property's substantial size and historic character provide a blank canvas for creative redevelopment, catering to a range of commercial ventures. The asking price is $2,750,000, translating to a price per square foot of $366.67. This represents a significant opportunity to acquire a substantial piece of Perry's vibrant downtown, situated conveniently behind "Orleans on Carroll Street". The property's location and unique character make it a compelling investment in a growing Georgia community. The building's historic charm combined with its modern renovations presents a rare opportunity to own a piece of Perry's rich history while capitalizing on its future potential. Don't miss this chance to acquire a truly exceptional property.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(5) C-3, Central business district (CBD). The C-3 district is intended to preserve downtown Perry as the city's center accommodating a unique mix of retail, entertainment, office, service, cultural, government, civic, an…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Perry, GA(5) C-3, Central business district (CBD). The C-3 district is intended to preserve downtown Perry as the city's center accommodating a unique mix of retail, entertainment, office, service, cultural, government, civic, an…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(5) C-3, Central business district (CBD). The C-3 district is intended to preserve downtown Perry as the city's center accommodating a unique mix of retail, entertainment, office, service, cultural, government, civic, an…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Perry, GA.
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