585 Central Ave Hapeville, GA 30354-1661
This exceptional 1,437 square foot retail space is ideally located in the heart of downtown Hapeville, Georgia. Completely renovated in 2021, this attached rowhouse-style building offers a bright and open floor plan perfect for a variety of businesses. The interior features attractive exposed trusses, a skylight, and a striking textured brick wall, creating a unique and inviting atmosphere. A convenient and accessible unisex restroom is included, along with an attractive kitchenette that offers the potential for a second storefront suite. The versatility extends beyond the interior, with an oversized Trex deck and a private side green space providing additional outdoor amenity space. The property's prime location offers unparalleled visibility, situated directly adjacent to a city-owned and maintained Arts Alleyway. This alleyway provides a fantastic opportunity for self-promotion and participation in the many community events hosted by the city of Hapeville. The alleyway also benefits from ample free public parking, supplementing the readily available on-street parking directly in front of the building. Hapeville's thriving community is home to major employers such as Porsche and Delta, and is experiencing significant residential growth, ensuring a strong customer base for any business operating in this location. The property sits on a 0.05-acre lot and is offered at $650,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Hapeville, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.