124 Currahee St Toccoa, GA 30577-2604
- Warehouses
- 11,616 SF
- 0.32 lot acres
Current Use by Public Records
- Shirley's Soul Food Cafe / Soul Food Restaurant
Property Details for 124 Currahee St
- Year built
- 1975
- Construction
- WOOD
- Lot size
- 0.32 lot acres
- Property size
- 11,616 SF
- Zone code
- B-II
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- T19 007
- APU
- T19007
Description
This exceptional commercial property, located at 124 W Currahee Street in Toccoa, Georgia, presents a lucrative opportunity for food and beverage entrepreneurs. Priced at $279,900, this 0.32-acre lot features a single building constructed in 1948, perfectly suited for a restaurant or bar operation. Its prime location in a bustling area ensures high visibility and foot traffic, with the added benefit of adjacency to a busy gas station. The property's proximity to downtown Toccoa further enhances its appeal, providing easy access to a thriving community. This turnkey opportunity is ideal for fast-food ventures or similar concepts seeking immediate occupancy. The existing structure offers a solid foundation for a successful business, eliminating the need for extensive renovations or new construction. The property is zoned for commercial use and is ready for immediate operation, allowing for a swift launch into the Toccoa market. This is a rare chance to establish a business in a vibrant and densely populated neighborhood, offering significant potential for growth and profitability. The 30577 zip code ensures convenient access to local amenities and a strong customer base. Don't miss this chance to capitalize on this prime commercial real estate offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $355,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $280,000
- Mixed-Use
- $365,000
- Hospitality
- $315,000
- Educational
- $345,000
- Residential Income
- $335,000
- Energy
- $345,000
- Income-Based Land
- $365,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Toccoa
- County
- Stephens
- State
- Georgia
- Longitude
- -83.3321
- Latitude
- 34.5777
- CBSA code
- 45740
- CBSA name
- TOCCOA, GA MICROPOLITAN STATISTICAL AREA