22 Alabama St Cave Spring, GA 30124
This exceptional offering in Cave Spring, GA, presents a unique opportunity to acquire a profitable, established retail business and its accompanying real estate. The property, located at 22 Alabama Street, encompasses two connected buildings totaling 7,548 square feet on an 8,712 square foot lot. The main building houses "The Peddler," a well-regarded retailer of home goods, gifts, and specialty fudge, complete with all inventory and equipment. A significant advantage is the inclusion of a luxurious, 3200+ square foot loft apartment above the retail space, featuring two bedrooms, 2.5 bathrooms, and high-end finishes. This live-work arrangement provides exceptional convenience and potential for additional income. The property boasts convenient parking behind the building, central air and heat, and is situated in a walkable, vibrant community with high foot traffic. Built in 1886, the buildings are constructed of brick and block. Public utilities including water, sewer, electricity, and phone are available. Annual property taxes are $8,448. This turnkey opportunity is priced at $1,499,000 and presents a rare chance to own a piece of Cave Spring's history and future. The property is zoned, though specific zoning information is not available.
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Peddler Home Decor Store (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.