116 Meadows St Vidalia, GA 30474
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.
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
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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.