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    OFF-MARKET
    Commercial real estate

    161 Hodges St, Cornelia, GA 30531-3295

    1,800 SF 0.36 ac lot Built 1983
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US22-1736395
    Property summary
    AI-generated overview

    This exceptional commercial property, situated in the heart of downtown Cornelia, Georgia, presents a unique investment opportunity. Spanning approximately 1,800 square feet on a 0.36-acre lot, the building currently functions as a fitness center. However, its adaptable design and spacious layout offer immense potential for a variety of commercial uses. The open floor plan boasts impressive 10-15 foot ceilings, allowing for flexible customization to suit diverse business needs. Imagine transforming this space into modern office suites, a stylish salon, or any other entrepreneurial endeavor. The high ceilings and open plan provide ample room for creative design and efficient space utilization. Its central downtown location ensures high visibility and significant foot traffic, guaranteeing excellent exposure for any business. This property's strategic positioning within a thriving downtown area promises a strong return on investment. The 0.36-acre lot offers potential for future expansion or outdoor amenities, depending on the intended use. This is a rare chance to acquire a well-located, versatile commercial building with significant upside potential in a vibrant and growing community. Don't miss this opportunity to establish your business in a prime downtown Cornelia location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1983
    Construction STEEL FRAME
    Total area 1,800 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code B2
    APN 089B161
    UPID US22-1736395
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Michael Bogue · 1 yrs held
    Michael Bogue
    since 2025
    Last sale
    $195,000
    5 recorded transactions
    2025
    $195,000
    2023
    $135,000
    2020
    $75,000
    2019
    2016
    Zoning & alternative use
    B2 · Cornelia, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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