Technical
Financial
Distress signals
Property profile

2414 E First St Blue Ridge, GA 30513

FOR SALE
Turn key restaurants
Property ID
US22-2950051
2,040 SF 0.4 ac lot Built 1965
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 2414 E First Street in Blue Ridge, Georgia, presents a lucrative investment opportunity. The 0.4-acre lot houses a single building constructed in 1965, recently renovated in 2020. Currently operating as a successful restaurant and bar, the business boasts a prime location on a heavily trafficked road connecting Highway 515 and downtown Blue Ridge, ensuring high visibility and consistent customer flow. The property benefits from all paved access, ample privately owned parking, and convenient city water and sewer connections. Adding to its appeal are two outdoor patios, complete with custom weatherproof screening, providing additional seating and ambiance. The asking price is $985,000. This established and profitable business offers a rare chance to acquire a well-regarded asset in the heart of Blue Ridge, a thriving tourist destination. The property's strong history, combined with its recent renovations and desirable location, makes it an ideal investment for discerning buyers seeking a turnkey operation with significant growth potential. The business is easily accessible and a short walk from the downtown area, further enhancing its appeal to both locals and tourists. This is a unique opportunity to own a piece of Blue Ridge's vibrant culinary scene.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Construction CONCRETE
Total area 2,040 SF
Lot 0.4 ac (17,424 SF)
Zoning code COMMERCIAL
APN BR04 018
UPID US22-2950051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2414 E First St Blue Ridge, GA 30513
Blue Ridge metro Census 50400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Zoning & alternative use

COMMERCIAL · Blue Ridge, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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