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    OFF-MARKET
    Turn key restaurants

    406 Piedmont Ave, Rockmart, GA 30153-2424

    2,078 SF 0.2 ac lot Built 1985
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US22-1099636
    Property summary
    AI-generated overview

    This exceptional commercial property located at 406 Piedmont Avenue in Rockmart, Georgia presents a rare opportunity to acquire a well-established restaurant with a distinctive character. The property encompasses 2,078 square feet situated on a 0.3-acre lot. The restaurant's defining feature is its vintage caboose, a captivating element that significantly enhances the property's appeal and creates a memorable dining atmosphere. This eye-catching caboose is fully integrated into the restaurant's design and functionality, offering a unique space perfect for private dining, special events, or simply as a conversation starter. The restaurant itself is nestled within a thriving community, attracting a loyal local clientele and tourists alike, ensuring a consistent stream of customers. The property's rich history adds to its charm and provides a strong foundation for continued success. The asking price for this turnkey operation is $899,900. This is a truly unique opportunity to own a piece of Rockmart's history and capitalize on the established success of this one-of-a-kind restaurant. The property is ready for immediate occupancy and offers significant potential for growth and expansion. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1985
    Total area 2,078 SF
    Lot 0.2 ac (8,712 SF)
    APN R20-074A
    UPID US22-1099636
    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
    • El Coyote Mexican Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jose G Alegria Tovar · 4 yrs held
    Jose G Alegria Tovar
    since 2022
    Last sale
    $350,000
    6 recorded transactions
    2022
    $350,000
    2018
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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