119 Chatham St Oglethorpe, GA 31068
This exceptional 952-square-foot commercial property, situated on a 0.41-acre corner lot at 119 Chatham Street in Oglethorpe, Georgia, presents a remarkable investment opportunity. Located on the highly visible and trafficked GA Highway 49, this property benefits from its prime position amidst thriving downtown businesses. Its versatile nature is evident in its past uses, having successfully served as a gas station, car detailing and washing facility, mechanic garage, and a cell phone service and repair shop. The building's adaptable layout offers significant potential for a wide range of commercial ventures. The high visibility ensures excellent exposure to a constant stream of potential customers. This property is ready for its next chapter, offering a unique blend of location, size, and adaptability. The asking price of $45,000 makes this an attractive proposition for savvy investors seeking a strong return on their investment. The property's history demonstrates its suitability for a variety of businesses, making it an ideal choice for entrepreneurs looking to establish a presence in a bustling commercial area. Don't miss this chance to acquire a well-positioned commercial property in a thriving Georgia town.
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
Property description
Physical attributes from public recordsZoning & alternative use
7 · Oglethorpe, GAOglethorpe. 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.