Current Use by Public Records
- Specialty properties
Property Details for 116 Meadows St
- Year built
- 1918
- Lot size
- 0.04 lot acres
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This exceptional 1,620-square-foot mixed-use building, located at 116 Meadows St in Vidalia, Georgia, presents a unique investment opportunity. Built in 1918 and renovated in 1970, this single-story structure sits on a 0.04-acre lot and is zoned C-3, offering versatility for a range of commercial uses, including restaurant, sports/entertainment, or traditional office space. The building features a 12-foot ceiling height and boasts a highly visible location in Vidalia's desirable downtown area, perfect for attracting customers. The property is being sold "AS-IS," requiring buyer inspections during due diligence. Note that the building shares a roof with an adjacent building and shares walls with buildings on either side. Potential rental income for renovated space is estimated at upwards of $1300 per month. The property's location within the city's Rural Zone Map may qualify the buyer for various tax credits. This is a blank canvas for an entrepreneur to establish a thriving business in a prime downtown location. The asking price is $110,000, translating to $67.90 per square foot.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vidalia
- County
- Toombs
- State
- Georgia
- Longitude
- -82.4122
- Latitude
- 32.2178
