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    24 Hartwell St Royston, GA 30662

    For Sale
    $245,000

    Historic Charm, Modern Amenities

    Property size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,200 square foot executive office building, located at 24 Hartwell St, Royston, GA 30662, presents a prime commercial investment opportunity. Built in 1930 and extensively renovated in 2020, this single-story building sits on a 3,200 square foot lot in the heart of Royston's downtown district. Currently 100% occupied by McDonald's under a lease expiring October 24, 2024, this property offers immediate income potential and reduced management stress. The building features nine distinct offices, including an owner's suite, three bathrooms (one with a shower), and a kitchenette. Some office furniture is included, minimizing initial setup costs. The property's prime location ensures high visibility and foot traffic, making it ideal for a variety of businesses. This owner/user investment opportunity combines the appeal of a historic building with modern functionality, offering a blend of classic charm and contemporary amenities. The permitted zoning is for the downtown district, ensuring flexibility for future uses. This is a rare chance to acquire a stable, income-producing property in a thriving downtown area. The building's strong tenancy and desirable location make it an attractive investment for both seasoned investors and first-time buyers.

    Property Features for 24 Hartwell St

    General Information

    Property type
    Retail properties
    Square Feet
    3,200 SF

    Building Details

    Year Built/Renovated
    1930/2020
    Buildings
    1
    Stories
    1

    HighLights

    • 3,200 SF executive office building at 24 Hartwell St, Royston, GA 30662.
    • Built in 1930, extensively renovated in 2020, sits on a 3,200 SF lot.
    • 100% occupied by McDonald's; lease expires October 24, 2024.
    • Features nine offices, owner's suite, three bathrooms (one with shower), and kitchenette; some furniture included.
    • Prime downtown Royston location with high visibility and foot traffic; downtown district zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Royston
    County
    Franklin
    State
    Georgia
    Longitude
    -83.109843264931
    Latitude
    34.286928523455

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    FAQs

    What type of property is this?
    Retail property - Historic Charm, Modern Amenities
    Where is this retail property located?
    The property is located at 24 Hartwell St Royston, GA.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: 3,200 SF executive office building at 24 Hartwell St, Royston, GA 30662.; Built in 1930, extensively renovated in 2020, sits on a 3,200 SF lot.; 100% occupied by McDonald's; lease expires October 24, 2024.
    Request Owner's contact information
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    Royston, GA 30662
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    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
    24 Hartwell St Royston, GA 30662
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