1556 Hwy Newnan, GA 30263
- Retail properties
- 1,862 SF
- 5.04 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1556 Hwy
- Year built
- 1910
- Lot size
- 5.04 lot acres
- Property size
- 1,862 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 5.04-acre property, located at 1556 Highway 29N in Newnan, Georgia (zip code 30263), presents a unique commercial investment opportunity. The site currently features a 1,862 square foot, circa 1910 bungalow-style home with three bedrooms and two bathrooms. While the home has a living room with fireplace and gas heater, formal dining room, kitchen with appliances and walk-in pantry, and den with pine paneling, it is being sold "as is" with no disclosure and no furnishings included. The property also includes a detached double garage with remote access, and an old garage. Note that an upstairs bedroom lacks heating and air conditioning. The property is mostly wooded and features a circular drive off a roundabout. An in-ground pool has been filled in. Currently zoned RC (Rural Conservation), this property boasts significant potential for commercial rezoning, given its prime location adjacent to a convenience store, vegetable vendor, and church, and backing up to a subdivision. Public sewer is available nearby and may be accessible for commercial use at the buyer's expense, pending rezoning, per Coweta County Water Authority. Public sewer is not available for residential use at this location. The asking price for this exceptional property is $650,000. This is a rare chance to acquire a substantial parcel of land with high commercial potential in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.8985
- Latitude
- 33.3786
