Property profile

3565 Ga-85 Ellerslie, GA 31807

OFF-MARKET
Retail properties & Spaces
4,300 SF 4.19 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 4.300 sq ft mixed-use property in Ellerslie, Georgia presents a compelling redevelopment opportunity. Situated on a 4.19-acre lot with 680 feet of road frontage on three sides and five entrances, this high-visibility location boasts significant traffic volume at a major signalized intersection on Highway 85. The property includes two buildings, two stories, and is zoned C4, allowing for unrestricted commercial uses. Previously a restaurant for over a decade, the site benefits from existing infrastructure including a 1,000-gallon grease trap, 1,500-gallon septic system, two 1,500-gallon aerobic treatment units, a 400 ft drain line, and a 400+ amp electrical service. A separate brick smokehouse with a built-in open pit grill and chimney adds to the property's versatility. The existing commercial kitchen features a newer addition wired with shunt breakers and includes optional equipment available for purchase, such as a vent hood system, rotisserie smoker, and various cooking appliances. The property's proximity to Columbus, GA, Fort Moore (formerly Fort Benning), and the newly opened 130-acre Ellerslie Park further enhances its appeal. A transferable beer and wine license is also available with an approved application. This location offers immense potential for a variety of uses, including restaurants, retail, event spaces, or other commercial ventures. The property was built in 1940 and renovated in 2022. The asking price is $1,200,000, with a price per square foot of $290.70.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1940
Total area 4,300 SF
Lot 4.19 ac (182,516 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3565 Ga-85 Ellerslie, GA 31807
Ellerslie metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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