1145 Clark St SW Covington, GA 30014
For Sale
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This exceptional 12,847 square foot vacant storefront in Covington, GA, presents a rare redevelopment opportunity. Located on a high-visibility corner lot at 1145 Clark St SW, this two-story building boasts extensive road frontage and is situated steps from the historic Covington Town Square. First available since 1919, this property offers a unique chance to own a piece of Covington's rich history. Previously a high-profile furniture store for over a century, the building is zoned TCM and is ideal for a single-tenant retail use or can be subdivided into individual retail suites. Benefit from the thriving downtown area, with its numerous restaurants, shops, and the Covington municipal government building. Covington's reputation as "Hollywood of the South" due to its frequent use as a filming location further enhances the property's appeal. The proximity to the historic Covington Courthouse, a movie landmark, adds to its desirability. This is a value-add investment with significant potential for a savvy developer. The asking price is $1,670,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Covington, GACovington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.