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    Mixed-use properties

    929 Hist Hwy, Demorest, GA 30535

    4,230 SF 2.33 ac lot Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 929 Hist Hwy 441 in Demorest, Georgia, presents a compelling investment opportunity. The property encompasses 4,230 square feet of versatile space spread across three buildings situated on a sizable 2.33-acre lot. Its prime location along the heavily trafficked Highway 441 ensures high visibility and easy accessibility, making it ideal for a diverse range of commercial ventures. The property's zoning permits various business applications, from retail and office spaces to medical facilities or service-oriented businesses. A two-bay garage, currently leased but soon to be vacant, adds further potential. The ample lot size provides extensive parking and room for expansion. All existing equipment and furniture in the upstairs office spaces will be removed prior to closing. The property boasts convenient access to nearby towns like Cornelia and Clarkesville, and is a short drive from the scenic Northeast Georgia mountains. Utilities including water, sewer, and electricity are fully connected. This well-maintained property is ready for immediate occupancy, offering endless possibilities for entrepreneurs and investors seeking a thriving commercial location in a growing community. The asking price is $625,000. Built in 2001, this property offers a blend of established infrastructure and future growth potential.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2001
    Total area 4,230 SF
    Lot 2.33 ac (101,495 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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