Entity Owned Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a broader community level, including the retailing of major goods and services of lar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB · Clarkesville, GAThe Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a broader community level, including the retailing of major goods and services of lar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a broader community level, including the retailing of major goods and services of lar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Clarkesville, GA.
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