106 16Th Ave Cordele, GA 31015
- Strip malls
- 4,736 SF
- 0.43 lot acres
Current Use by Public Records
- Star Gas of Cordele Inc / Propane Supplier / Gas And Automotive
- Jamaican Jerk Restaurant / Restaurant
Property Details for 106 16Th Ave
- Year built
- 1970
- Lot size
- 0.43 lot acres
- Property size
- 4,736 SF
- Zone code
- RESIDENTIAL
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- C12-137
- APU
- C12137
Description
This 38,818 square foot retail shopping center presents a compelling redevelopment opportunity. Located in Cordele, Georgia, at 106, 112 & 116 E 16th Ave and 107 E 17th Ave, this multi-tenant property sits on a two-acre lot with excellent street frontage on 17th Avenue, 7th Street, and 16th Avenue. The asking price is $975,000. The property is currently operating under a modified lease structure. The existing building offers significant potential for repositioning and modernization to meet current market demands. Its prime location in Cordele, Crisp County, Georgia (zip code 31015), offers high visibility and accessibility. The substantial square footage and ample land provide flexibility for a variety of redevelopment scenarios, from complete renovation to adaptive reuse. This is an exceptional chance to acquire a well-situated property with significant upside potential in a growing market. The property's current underperformance presents a unique opportunity for an investor to add value and generate strong returns. Detailed financial information and property specifics are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cordele
- County
- Crisp
- State
- Georgia
- Longitude
- -83.7819
- Latitude
- 31.9633
- CBSA code
- 18380
- CBSA name
- CORDELE, GA MICROPOLITAN STATISTICAL AREA
