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Property profile & analytics
OFF-MARKET
Commercial real estate

140 Montgomery Toomsboro, GA 31090

4,980 SF 0.44 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This unique Toomsboro, GA property offers a compelling investment opportunity encompassing three distinct commercial buildings: a restaurant, an opera house, and a bank. The restaurant, boasting 4,980 square feet, presents a versatile space ripe for redevelopment or continued operation. The combined opera house and bank building, totaling approximately 7,964 square feet, represents a significant piece of local history, offering substantial potential for adaptive reuse. Situated on a 0.44-acre lot in the heart of Toomsboro, this property benefits from high visibility and convenient access. The buildings are currently available for sale individually or as a package. The asking price for the restaurant is $144,000, while the combined opera house and bank are listed at $164,000. The property can be easily subdivided with a new survey, providing flexibility for various development scenarios. This presents a rare chance to acquire a significant piece of Toomsboro's heritage and capitalize on the potential of these established commercial spaces. The property's central location and substantial square footage make it an attractive proposition for investors seeking a unique and historically significant investment in a vibrant community. Serious inquiries are encouraged to explore the possibilities of this multifaceted commercial property.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 4,980 SF
Lot 0.44 ac (19,166 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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