60 Hwy Milledgeville, GA 31061
- Commercial real estate
- 25,193 SF
- 2.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 60 Hwy
- Year built
- 1941
- Lot size
- 2.32 lot acres
- Property size
- 25,193 SF
- Property type
- Commercial real estate
Description
This exceptional 25,193 square foot commercial property, situated on a 2.32-acre lot at 60 West Highway 22 in Milledgeville, Georgia, presents a compelling investment opportunity. Currently fully leased to River Edge Behavioral Health, a prominent provider of mental health and substance use disorder treatments, and support services for individuals with intellectual and developmental disabilities, this property boasts a strong and stable tenant. River Edge has occupied the entire space since 2013, significantly investing over $1,000,000 in renovations upon expansion. Their substantial commitment underscores the property's suitability for their operations and demonstrates a long-term commitment to the location. Serving over 10,000 Georgians annually, River Edge's presence ensures a consistent and reliable income stream. The property's strategic location on Highway 22 provides excellent visibility and accessibility, making it an attractive asset for both current and future tenants. This fully leased commercial building represents a rare opportunity to acquire a high-performing asset in a thriving market. The substantial investment made by the tenant in renovations further enhances the value and appeal of this property. This is an ideal investment for those seeking a stable, income-generating property with a long-term tenant in a high-demand sector. The property's size and location make it a highly desirable asset in the Milledgeville commercial real estate market.
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
- Milledgeville
- County
- Baldwin
- State
- Georgia
- Longitude
- -83.2579
- Latitude
- 33.0907
