11016 Ga-157, Rising Fawn, GA 30738
This exceptional 2,500-square-foot commercial building, situated on 1.24 acres of level land in Rising Fawn, Georgia, presents a unique investment opportunity. Currently operating as a restaurant and retail store, this single-story structure boasts a 2018 renovation and addition, offering ample space for expansion. The property features a covered outdoor seating area for 15, a covered porch with double doors, and two indoor dining areas accommodating over 50 guests. A smoke room houses two BBQ ovens and a galley kitchen. The building's prime location at the intersection of Highways 157 and 36 ensures high visibility and accessibility. Its proximity to McLemore Golf Resort and The Keep golf course further enhances its appeal. The permitted commercial zoning allows for diverse uses, including a convenience store, liquor store, or gas station, with Walker County actively granting liquor licenses. The existing structure provides a solid foundation for expansion, with potential for a strip center incorporating retail, office, and mini-mart spaces. The property was built in 2002 and is currently 100% occupied under a NNN lease. The asking price is $669,000, representing a price per square foot of $267.60. This property offers significant potential for growth and return on investment.
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
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Property description
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