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    OFF-MARKET
    Commercial real estate

    661 Louise St, Clarkesville, GA 30523

    2,534 SF 0.53 ac lot Built 1950
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1284975
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Clarkesville, Georgia, presents an assemblage of two commercial properties ideally situated at 661 & 629 W. Louise St., 30523. The combined offering encompasses a total of 0.78 acres of land, strategically located in a high-traffic area experiencing significant new development, including restaurants. The property benefits from excellent visibility and convenient access, enhanced by ample private parking. The first building, located at 661 W. Louise St., sits on a 0.53-acre lot and offers 1260 square feet of space. The second building, at 629 W. Louise St., occupies 0.25 acres and provides 2700 square feet of space. Both buildings are currently occupied by businesses. The property is zoned Highway Business, offering a wide range of potential uses. City water and sewer services are readily available. Given the current business operations, appointments are required for showings. This property presents a compelling investment opportunity in a thriving commercial area. The high traffic count and prominent location make this an attractive proposition for a variety of commercial ventures.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1950
    Construction FRAME
    Total area 2,534 SF
    Lot 0.53 ac (23,087 SF)
    Zoning code HB
    APN 104 110
    UPID US22-1284975
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Waffle House INC · 1 yrs held
    Waffle House INC
    since 2025
    Last sale
    $178,750
    2 recorded transactions
    2025
    $178,750
    2011
    Zoning & alternative use
    HB · Clarkesville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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