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    OFF-MARKET
    Bars & Pubs

    26 Morningside Dr, Hiram, GA 30141

    1.94 ac lot Built 1935
    Property ID
    US22-0637063
    Property summary
    AI-generated overview

    This exceptional commercial opportunity presents a unique three-building property situated on a prime 1.94-acre corner lot in Hiram, Georgia. Located at 26 Morningside Drive, zip code 30141, this property boasts a strategic location with excellent visibility and accessibility. Currently zoned B-2, the property offers flexibility for a variety of commercial uses, including bar, medical office, or restaurant. While currently featuring a three-bedroom home (permitted for residential use), the property's zoning and location make it ideal for conversion to office or retail space. The property benefits from existing curb cuts at a new traffic light on Morningside Drive, enhancing accessibility. Furthermore, the ongoing expansion of Highway 92 to four lanes, connecting to I-20, promises increased traffic flow and visibility. Road frontage has already been acquired. This property's location is further enhanced by its proximity to major developments, including the new Greystone Power Headquarters and Hiram's Bill Carruth Parkway, situated to the north and south on Highway 92. Built in 1935, this property presents a compelling investment opportunity in a rapidly growing area. Note that a zoning refresh may be required to fully realize the property's commercial potential. This is a rare chance to acquire a multi-building property in a high-traffic area with significant future growth potential.

    Property profile
    Verified
    Property type Bars & Pubs
    Year built 1935
    Lot 1.94 ac (84,506 SF)
    UPID US22-0637063
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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