205 Us-11 Rising Fawn, GA 30738
Property Features for 205 Us-11
General Information
- Property type
- Wedding venues
- Square Feet
- 5,160 SF
- Lot Size
- 87,120 SF
Building Details
- Year Renovated
- 2022
- Buildings
- 1
- Stories
- 2
- Units
- 1
Listing Agent: Matthew J Mucciolo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 5,160 square foot mixed-use property in Rising Fawn, Georgia, presents a lucrative investment opportunity. Located at 205 US-11, Dade County, this two-story building sits on a spacious 2-acre lot, offering significant expansion potential. Recently renovated in 2022, the property boasts a 9.78% cap rate and a strong net operating income (NOI) of $88,000, with an asking price of $900,000 ($174.42/sq ft). Currently operating as a successful event venue, the space is highly rentable, commanding $4,000 per booking. The property features ample indoor and outdoor space, including a large 43x43 foot patio, a fully equipped kitchen, and separate his and her restrooms (each with three stalls). A large dressing room with a half-bath is also included. The property includes 90 parking spaces and is zoned for commercial use. Its prime location, just 30 minutes from downtown Chattanooga, ensures easy accessibility and high visibility. The expansive lot provides ample room for future development, such as adding cabins to further increase revenue streams. This turnkey operation offers immediate income and significant long-term growth prospects. The property is a single-unit building.
Property Profile
Location Intelligence
Current Use by Public Records
Wedding venues
Map
- City
- Rising Fawn
- County
- Dade
- State
- Georgia
- Longitude
- -85.550953080115
- Latitude
- 34.709439236616
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FAQs
What type of property is this?
Wedding venue - Georgia Event Venue: High ROI, Huge Potential
Where is this wedding venue located?
The property is located at 205 Us-11 Rising Fawn, GA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: $900,000 asking price for this mixed-use hospitality property.; 5,160 square feet on a 2-acre lot, offering ample expansion potential.; 9.78% cap rate with a $88,000 NOI.