Property summary
This exceptional 7,400-square-foot commercial property, located at 408 Court Street in Calhoun, Georgia, presents a unique investment opportunity. Built in 2004, this single-tenant space sits on a 0.6-acre lot and is zoned C1 Commercial, offering significant flexibility for a variety of uses. The building's prime downtown location ensures high visibility and accessibility. The entire 7,400 square feet is currently vacant, providing a blank canvas for a new business to establish its presence. The property's spacious layout is ideal for an executive office suite or a retail establishment, catering to diverse business needs. Its location in Gordon County, Georgia, with a 30701 zip code, offers easy access to local amenities and transportation routes. While the building is currently listed as a single-tenant space, it was previously divided into three suites (5,614 SF total), offering potential for future subdivision and lease flexibility. The previous lease structure included options for leasing the entire space for $4,500 per month with a $4,500 deposit on a three-year net lease, or leasing Suite 3 separately for $1,500 per month and Suites 1 & 2 together for $3,000 per month. This property offers a compelling combination of size, location, and adaptability, making it an attractive proposition for discerning investors and businesses seeking a prominent presence in Calhoun's thriving commercial district.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote Central Business District
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Calhoun, GAThe intent of this zone is to promote Central Business District
Zoning
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Zoning designation
Official district profile
The intent of this zone is to promote Central Business District
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Calhoun, GA.
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