Property profile

50 Mlk Jr Blvd McRae-Helena, GA 31055

OFF-MARKET
Retail properties & Spaces
0.51 ac lot Built 1997
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Property summary

AI-generated overview

This exceptional turnkey restaurant and bar opportunity is located at 50 MLK Jr Boulevard in McRae, Georgia, 31055. Priced at $230,000, this property boasts a prime location with excellent road frontage along MLK Jr. Blvd/Golden Isles Highway, ensuring high visibility and accessibility for potential customers. The 0.51-acre lot houses a single building constructed in 1997, offering ample space for both indoor and outdoor operations. The interior features a comprehensive array of stainless steel equipment, a substantial commercial hood, a walk-in cooler, and a walk-in freezer, all designed to streamline operations and enhance efficiency. A newly installed HVAC system ensures year-round comfort for both staff and patrons. This well-equipped establishment presents a fantastic opportunity for an investor seeking a profitable venture or an entrepreneur looking to establish a thriving business. The property's strategic location and existing infrastructure make it an ideal investment, ready for immediate operation or customization to suit a new owner's vision. The property's strong visibility and existing equipment make it a truly attractive proposition. This is a rare opportunity to acquire a fully equipped and well-situated restaurant and bar in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1997
Lot 0.51 ac (22,216 SF)

Cap rate & NOI

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

Location

50 Mlk Jr Blvd McRae-Helena, GA 31055
McRae-Helena metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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