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Property profile & analytics
OFF-MARKET
Office Spaces

123 Van Wert St Buchanan, GA 30113-4386

7,650 SF 0.11 ac lot Built 1945
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US22-0084077
Property summary
AI-generated overview

This exceptional 7,500+ square foot wedding venue in Buchanan, Georgia, presents a rare investment opportunity. Situated on a 0.17-acre lot, the property boasts beautifully landscaped gardens providing a picturesque setting for both intimate and large-scale events. The venue's spacious indoor and outdoor areas create a romantic ambiance ideal for weddings, receptions, and other special gatherings. The property is designed to seamlessly accommodate a variety of event sizes and styles, offering a turnkey operation with significant potential for revenue generation. Its convenient location ensures easy access for guests, enhancing the overall experience. The property is fully equipped and ready for immediate use, eliminating the need for extensive renovations or upgrades. This is a unique chance to acquire an established and successful event space with proven appeal and a strong reputation. The property's inherent charm and functionality make it an attractive investment for those seeking a profitable venture in the thriving event industry. All necessary infrastructure is in place, ensuring a smooth and efficient operation. This turnkey operation offers immediate income potential and a strong return on investment. The property's exceptional features and prime location combine to create a truly remarkable opportunity.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1945
Total area 7,650 SF
Lot 0.11 ac (4,792 SF)
Zoning code 1
APN BU05 -0008
UPID US22-0084077
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
Current use
Occupant on record · Public records
  • The Venue at Buchanan Square Wedding Service
  • Dhr-Dfcs Rsm Statewide Insurance Agency
  • Thomas Rodger Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thomas J & Patricia T Large Fa · 5 yrs held
Thomas J & Patricia T Large Fa
since 2021
Last sale
$132,500
6 recorded transactions
2021
Price N/A
2021
$132,500
2015
Price N/A
2007
$90,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
1 · Buchanan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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