Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1238 Wall St Richland, GA 31825

    For Sale
    $245,000

    Established eatery, prime location, profitable.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This thriving restaurant and bar, located at 1238 Wall Street in Richland, Georgia, presents a unique investment opportunity. Established in 1950 and operating successfully for 38 years, this turnkey business includes all equipment, furniture, supplies, and recipes, ensuring a seamless transition for the new owner. The 0.09-acre property boasts a single building and benefits from a loyal customer base comprised of locals, travelers, and tourists. The business has consistently shown profitability, even during the COVID-19 pandemic, without utilizing credit card processing or delivery services—indicating significant untapped market potential within the 5-mile radius, encompassing over 1,200 residents. Its strategic location near the Richland Rum Distillery, a local charging station, and parks/hiking trails enhances its appeal. The menu features handmade pizzas, fresh burgers, and wings, establishing the business as a local favorite. The asking price for this well-established business is $245,000. This is an exceptional chance to acquire a profitable, established business with significant growth potential in a desirable location. The zip code is 31825.

    Property Features for 1238 Wall St

    General Information

    Property type
    Restaurants
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Red's Pizza Restaurant

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Pharmacy Hotel & Motel Department Store Accounting Firm Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Stewart - GA
    State
    Georgia
    Longitude
    -84.6670864
    Latitude
    32.090177

    Nearby Comparable

    • $79,500
      3,100 SF

      Downtown Richland Commercial Opportunity

      Commercial property in downtown Richland, Georgia, near distillery.
      318 Broad St, Richland, GA 31825
      View Details
    • $79,500
      3,100 SF

      Richland Commercial Building For Sale

      Prime downtown building suitable for cafe or restaurant use.
      318/322 Broad St, Richland, GA 31825
      View Details
    • $149,988
      2,138 SF

      Former Medical Office in Richland

      Former medical office featuring multiple exam rooms and ample storage.
      650 Alston St, Richland, GA 31825
      View Details

    Nearby Similar for Sale

    • $79,500
      3,100 SF

      Downtown Richland Commercial Opportunity

      Commercial property in downtown Richland, Georgia, near distillery.
      318 Broad St, Richland, GA 31825
      View Details
    • $79,500
      3,100 SF

      Richland Commercial Building For Sale

      Prime downtown building suitable for cafe or restaurant use.
      318/322 Broad St, Richland, GA 31825
      View Details
    • $149,988
      2,138 SF

      Former Medical Office in Richland

      Former medical office featuring multiple exam rooms and ample storage.
      650 Alston St, Richland, GA 31825
      View Details
    • $299,900
      3,000 SF

      Former Hospital in Richland, Georgia

      3,000 SF former hospital on 3.79 acres for sale.
      580 Alston St, Richland, GA 31825
      View Details
    • $299,900
      4,000 SF

      Richland Commercial Property For Sale

      Commercial property in Richland, Georgia, totaling 4,000 square feet.
      580 Alston St, Richland, GA 31825
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established eatery, prime location, profitable.
    Where is this restaurant located?
    The property is located at 1238 Wall St Richland, GA.
    What is the asking price?
    The asking price for this property is $245,000.
    Request Owner's contact information
    1238 Wall St Richland, GA 31825
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1238 Wall St
    Richland, GA 31825
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1238 Wall St Richland, GA 31825
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.