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Property profile & analytics
FOR SALE
Commercial real estate

501 S Thornton Ave Dalton, GA 30720

5,346 SF 0.48 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US22-1460902
Property summary
AI-generated overview

This unique 5,346 square foot commercial property located at 501 Thornton Avenue in Dalton, Georgia, presents a rare investment opportunity. Built circa 1860s, this historically significant building boasts generously proportioned rooms, high ceilings, and exquisite detailing reflective of a bygone era. Its rich history includes uses as diverse as an antique store, traveler's rest, massage therapy center, and tea room, showcasing its adaptability to various commercial ventures. The property is zoned C-1A, offering flexibility for a wide range of businesses. Strategic positioning provides three road frontages, ensuring convenient access and ample parking. Currently, there are over 20 parking spaces, with significant room for expansion. Adding to its appeal are a detached garage and a glass-enclosed gazebo, enhancing both functionality and aesthetic value. Situated in Whitfield County, Georgia, zip code 30720, this property offers a blend of historical character and modern commercial potential, making it an exceptional investment in a prime Dalton location. The property's size and versatile zoning make it suitable for a variety of commercial uses, capitalizing on its prominent location and ample parking. This is a truly one-of-a-kind opportunity to own a piece of Dalton's history while establishing a thriving commercial enterprise.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction WOOD
Total area 5,346 SF
Lot 0.48 ac (20,909 SF)
APN 12-238-23-014
UPID US22-1460902
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
  • Chelsea's On Thornton Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$555k
Comparable Approach Comparable
$343k
Blend (final) Blend
$510k
Owner & transaction history
DAILEY ROBERT W III
DAILEY ROBERT W III
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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