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Property profile & analytics
OFF-MARKET Estimated value $650,000
Commercial real estate

108 Gordon St Chickamauga, GA 30707-1453

5,838 SF 0.09 ac lot Built 1916
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-2491118
Property summary
AI-generated overview

This exceptional turnkey restaurant and bar, located at 108 Gordon St, Chickamauga, GA 30707, presents a unique investment opportunity. The 3,500 sq ft space, housed in a beautifully renovated 1930 building (renovated 2023-2024), boasts a 125-person capacity and is fully equipped for immediate operation. All necessary licenses (beer, wine, and liquor) are in place, granted by the State of Georgia, City of Chickamauga, and Walker County. The property includes a state-of-the-art kitchen with new gas cook lines, a combination of new and used cooking equipment, cooling and freezers, a new dishwasher, and ice maker. A custom-built bar features beer and wine refrigerators, four taps, a Coke dispenser, and a complete bar setup. New restrooms, a custom 20ft hood and fire suppression system, and three new HVAC systems are also included. Upstairs offers employee lounge, office, and storage space. The property sits on a 4,020 sq ft lot with an additional 4,020 sq ft of air rights and is zoned C-2. The restaurant benefits from its prime location in the charming city of Chickamauga, a popular tourist destination known for its weekend steam engine train stop, monthly festivals, and quaint shops. The property is vacant, with an occupancy date of December 1, 2024, and is offered at $775,000. Point of sale equipment, including Toast for ordering, credit card processing, inventory, menu, and payroll management, is already installed. Security cameras are also in place. This is a truly exceptional opportunity to own a fully operational, high-potential restaurant and bar in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1916
Construction WOOD
Total area 5,838 SF
Lot 0.09 ac (3,920 SF)
Zoning code C2
APN 3010 055
UPID US22-2491118
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
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$575k
Blend (final) Blend
$650k
Owner & transaction history
1885 Grill LLC · 1 yrs held
1885 Grill LLC
since 2025
Last sale
$650,000
2 recorded transactions
2025
$650,000
2022
$220,000
Zoning & alternative use
C2 · Chickamauga, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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