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    FOR SALE
    Drug stores

    208 S Dooly St, Montezuma, GA 31063

    2,800 SF 0.35 ac lot Built 2019
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US22-3129500
    208 S Dooly St, Montezuma, GA 31063 For Sale
    $89,500 2,800 SF
    208 S Dooly St, Montezuma, GA 31063
    View Listing →
    Property summary
    AI-generated overview

    This 1,700 square foot mixed-use building, located at 208 S Dooly St in Montezuma, Georgia, presents a fantastic opportunity for developers and entrepreneurs. Currently vacant, this single-story, 1955-built storefront offers a flexible space ideal for various commercial uses. Zoned C1, permitted uses include retail, office/professional space, and public services; however, any special permitted uses should be verified with the city council. The property includes two parking spaces and is priced at $50,000, or $29.41 per square foot. Previously used as a professional office, the building is ready for immediate occupancy. Existing office furniture, including desks, chairs, and filing cabinets, may be included in the sale. This prime downtown location offers excellent storefront visibility and accessibility, making it an attractive investment for those seeking a versatile commercial space in a thriving community. The property's history as a professional office makes it easily adaptable to a variety of uses. Seize this chance to establish your business in a vibrant Georgia town.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2019
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,800 SF
    Lot 0.35 ac (15,246 SF)
    Zoning code 2
    APN 4023-D-0001
    UPID US22-3129500
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Medicine Stop LLC · 2 yrs held
    Medicine Stop LLC
    since 2023
    Last sale
    $172,000
    4 recorded transactions
    2023
    $172,000
    2019
    $45,000
    2015
    2013
    $120,000
    Zoning & alternative use
    2 · Montezuma, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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