103 Colquitt St Sparks, GA 31647

This exceptional investment opportunity presents six individual storefronts totaling 9,151 square feet, situated on a 0.26-acre lot at the highest traffic intersection in Sparks, Georgia – the corner of Colquitt Street and South Goodman Street. Each storefront ranges in size from 1,144 to 2,825 square feet, offering flexibility for a variety of uses. The property's historic character presents a unique chance to leverage state and federal historic tax credits, potentially covering 80% of renovation costs. This allows for a significant return on investment through restoration and adaptive reuse. Alternatively, the property is well-suited for complete redevelopment, allowing for the construction of a new building tailored to modern needs. Furthermore, there's potential for expansion by assembling this property with an adjacent parcel, creating an even larger development footprint. The sale includes six individual parcels: 101, 103, 105, 107, 109, and 111 Colquitt Street. Seller financing is available, making this a compelling opportunity for investors seeking a high-impact project in a thriving downtown location. This property offers a rare blend of historical significance and significant redevelopment potential.