697 Cherry St, Jesup, GA 31545-0801
This exceptional 2,000 square foot restaurant, situated on a 0.58-acre lot at 697 W Cherry Street in the heart of downtown Jesup, Georgia, presents a unique investment opportunity. Currently operating as an established restaurant, this property boasts a highly desirable location with significant foot traffic and easy accessibility. A key advantage is the expansive parking lot, a rare find in a downtown setting, ensuring ample parking for both staff and customers. The fully equipped commercial kitchen is included in the sale, featuring high-quality, well-maintained appliances ready for immediate use. This turnkey operation eliminates the need for extensive renovations or equipment purchases, allowing for a seamless transition for the new owner. The asking price for this thriving business is $399,000. This represents a rare chance to acquire a profitable, established restaurant in a prime downtown location with all the necessary infrastructure in place. The property's combination of location, equipment, and parking makes it an exceptional value in the competitive Jesup commercial market. This is a truly remarkable opportunity for a discerning entrepreneur or restaurateur seeking a ready-to-operate business in a vibrant and accessible location.
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Nang's Thai Restaurant Restaurant
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
Property description
Physical attributes from public recordsZoning & alternative use
Costs & 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.