Technical
Financial
Distress signals
Property profile

7493 Us Highway 76 W Young Harris, GA 30582

FOR SALE
Retail space
Property ID
US22-3005286
3,500 SF 0.39 ac lot Built 1937
Individually Owned Free & Clear
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Property summary

AI-generated overview

This unique .39-acre commercial property in Young Harris, Georgia, located at 7493 US Hwy 76 W, presents an exceptional investment opportunity. Originally constructed in 1937, this historically significant site boasts a rich and varied past, having served as Gibby's Furniture Store for many years. Local accounts detail its use as a restaurant, barbershop, and even a former location of Abernathy Furniture. Adding to its intriguing history, the building functioned as a speakeasy during Prohibition, cleverly utilizing a system of colored lights to signal approaching law enforcement while serving both students from Young Harris College and workers involved in the creation of Lake Chatuge. A hidden basement provided access to patrons through small doors. The property's versatility allows for a wide range of potential uses, including retail space, a restaurant, an art studio, or any other innovative venture. The asking price is $350,000. This is a chance to acquire a piece of Young Harris history and shape its future. The property is zoned for commercial use and is situated in Towns County, Georgia, zip code 30582. The site offers significant potential for redevelopment or repurposing, capitalizing on its prominent location and historical significance. Don't miss this rare opportunity to own a piece of Young Harris's vibrant past and create a successful future.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Total area 3,500 SF
Lot 0.39 ac (16,988 SF)
APN YH03 012
UPID US22-3005286

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7493 Us Highway 76 W Young Harris, GA 30582
Young Harris metro Census 960100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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