3565 Ga-85, Ellerslie, GA 31807
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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