36 Mulberry St Ellijay, GA 30540
- Office buildings
- 9,128 SF
- 0.44 lot acres
Current Use by Public Records
- Piedmont Mountainside Hospital Cardiac Imaging Center - Ellijay / Doctor
- Pamela Thomas Jones, P.C. / Law Firm / Estate Planning Attorney
Property Details for 36 Mulberry St
- Year built
- 1989
- Construction
- STEEL FRAME
- Lot size
- 0.44 lot acres
- Property size
- 9,128 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 20206 029
- APU
- 20206029
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $690,000
- 6.5%
- $760,000
- 7%
- $765,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $695,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $750,000
- Mixed-Use
- $690,000
- Hospitality
- $795,000
- Educational
- $740,000
- Residential Income
- $705,000
- Energy
- $885,000
- Income-Based Land
- $780,000
- Food Service
- $845,000
Location Insight
- Map
- Local Demand
- City
- East Ellijay
- County
- Gilmer
- State
- Georgia
- Longitude
- -84.4724
- Latitude
- 34.6848
