300 Mary St Waycross, GA 31501
- Retail space
- 5,390 SF
- 0.05 lot acres
Current Use by Public Records
- urbest / Boutique
Property Details for 300 Mary St
- Year built
- 1910
- Lot size
- 0.05 lot acres
- Property size
- 5,390 SF
- Zone code
- UNZONED URBAN
- Property type
- Retail space
- APN
- WA10-02-042
- APU
- WA1002042
Description
This exceptional 5,390 square foot retail property enjoys a prime corner location in historic downtown Waycross, Georgia, at the intersection of Plant, Mary, and Alice Streets. Its enviable position offers unparalleled visibility, with expansive display windows showcasing the business from all three streets. Inside, high ceilings create an airy and spacious atmosphere. A small office area, conveniently situated behind a two-way window, provides a private workspace. Access to the second floor is available both internally and externally. A double door entry on Alice Street leads to a spacious hallway and staircase, opening onto four plus additional office spaces. One office includes its own half-bath, and an additional full bath is accessible from the hallway. The second floor presents exciting possibilities for conversion into residential living quarters or as separate office rental units, generating additional income streams. The property's exceptional location offers stunning views of the gazebo in Doughboy Park. This is a rare opportunity to establish a business in a highly visible and historically significant location. The 0.05-acre lot provides ample space for various business needs. The property is priced at $260,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $200,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $250,000
- Mixed-Use
- $265,000
- Hospitality
- $235,000
- Educational
- $225,000
- Residential Income
- $205,000
- Energy
- $195,000
- Income-Based Land
- $265,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Waycross
- County
- Ware
- State
- Georgia
- Longitude
- -82.3583
- Latitude
- 31.2105
- CBSA code
- 48180
- CBSA name
- WAYCROSS, GA MICROPOLITAN STATISTICAL AREA