Property summary
This exceptional 2.64-acre property in downtown Statesboro offers 14,000 square feet of versatile commercial space, ideal for redevelopment or multiple tenants. Located near key businesses and city amenities, this multi-parcel site boasts over 31,000 square feet under roof, including a former grocery store with impressive 100' x 80' open spans and expansive window lines. The property features over 100 parking spaces, loading docks, drive-in doors accommodating tractor-trailers, and 14-16 foot ceiling heights. Its flexible layout has accommodated various uses, including retail, industrial, and office spaces. Two adjacent buildable lots offer additional development potential. A substantial portion of the property has a newer roof, and the former bar area is sprinklered. The property's prime location in a designated Opportunity Zone may qualify for significant Federal and State tax incentives, with additional incentives potentially available from the City of Statesboro and the Downtown Statesboro Development Authority. The property's configuration allows for single or multiple occupancy, with potential for redevelopment into a large apartment complex (subject to city approval). Individual portions of the property are also available for sale. This presents a tremendous opportunity given Statesboro's explosive growth fueled by the new Hyundai Manufacturing Plant. Space dimensions are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Barber Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Statesboro, GAThe purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the CBD district is to provide for the orderly development of a major business and commerce area of the city in accordance with the objectives, policies, and proposals of the comprehensive plan
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Statesboro, GA.
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