406 Piedmont Ave Rockmart, GA 30153
- Turn key restaurants
- 2,078 SF
- 0.20 lot acres
Current Use by Public Records
- El Coyote Mexican Restaurant / Bar & Grill / Tex-Mex Restaurant
Property Details for 406 Piedmont Ave
- Year built
- 1985
- Lot size
- 0.20 lot acres
- Property size
- 2,078 SF
- Property type
- Turn key restaurants
- APN
- R20-074A
- APU
- R20074A
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $425,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $390,000
- Mixed-Use
- $445,000
- Hospitality
- $410,000
- Educational
- $465,000
- Residential Income
- $375,000
- Energy
- $450,000
- Income-Based Land
- $430,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Rockmart
- County
- Polk
- State
- Georgia
- Longitude
- -85.0411
- Latitude
- 34.0001
- CBSA code
- 16340
- CBSA name
- CEDARTOWN, GA MICROPOLITAN STATISTICAL AREA