1378 Hwy 76th E Hiawassee, GA 30546-3971
This exceptional commercial property, located at 1378 Hwy 76 East in Hiawassee, Georgia, presents a unique investment opportunity. Spanning 9,433 square feet on a 0.65-acre lot, the property boasts a versatile layout ideal for multiple income streams. The main building features three ground-floor rental units, each complete with its own bathroom. An attached two-story structure offers three offices, a conference room, a fireplace, a kitchen, and two bathrooms, perfect for professional use. The building's interior features a blend of finished concrete floors, wood, and sheetrock walls. A significant bonus is a sizable shop area, easily convertible into a high-demand paid storage facility. This area includes a bathroom and three garage doors, conveniently situated behind a circular driveway. The property's proximity to the lake enhances its appeal and potential for increased rental income. The asking price is $1,700,000, and owner financing with a 20% down payment is considered. This property offers unlimited potential for a savvy investor seeking a live-work-play lifestyle or a substantial rental income portfolio. The combination of existing rental units and the adaptable shop space provides flexibility for a variety of commercial ventures. Don't miss this chance to acquire a prime commercial property in a desirable lakeside location.
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
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.