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Property profile & analytics
OFF-MARKET Estimated value $750,000
Office buildings

36 Mulberry St East Ellijay, GA 30540-8198

9,128 SF 0.44 ac lot Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-3354820
Property summary
AI-generated overview

This exceptional 9,128 square foot commercial building at 36 Mulberry Street, Ellijay, GA, presents a unique investment opportunity. The 4-sided brick structure boasts high visibility and convenient access directly off Highway 515, ensuring significant foot and vehicle traffic. Previously utilized as a medical office, the property features six entrances and eight private suites, offering remarkable flexibility for a diverse range of commercial ventures. Potential uses include multi-tenant offices, a medical facility, or retail space. While some updates are recommended, the building provides a solid foundation for customization. The sale includes an adjacent 0.44-acre lot (Tax ID #20206 027), along with comprehensive CAD drawings for a proposed 22-space parking lot and covered drop-off area. This expansion plan significantly enhances accessibility and overall property value. Located in a highly desirable Ellijay area, this property offers unparalleled potential for a discerning buyer seeking a prominent commercial presence. The high-traffic location and adaptable space create endless possibilities for establishing a thriving business. This is a rare chance to secure a prime commercial property in one of Ellijay's most visible and accessible locations.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction STEEL FRAME
Total area 9,128 SF
Lot 0.44 ac (19,166 SF)
Zoning code C2
APN 20206 029
UPID US22-3354820
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$923k
Blend (final) Blend
$750k
Owner & transaction history
Mulberry Medical LLC · 3 yrs held
Mulberry Medical LLC
since 2022
Last sale
$750,000
1 recorded transaction
2022
$750,000
Zoning & alternative use
C2 · East Ellijay, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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