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Property profile & analytics
FOR SALE
Turn key restaurants

7716 N Main St Jonesboro, GA 30236

7,671 SF 1.25 ac lot Built 1973
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US22-4411563
Property summary
AI-generated overview

This exceptional 7,671 square foot commercial property, situated on a 1.25-acre lot at 7716 N Main Street in Jonesboro, GA, presents a unique investment opportunity. Completely updated between 2011 and 2017, the building is ideally suited for a diverse range of businesses. The interior features two spacious offices, one with a private full bathroom, providing a comfortable and functional workspace. Entertainment is a key feature, with three distinct stages, currently operating one to two nights a week, adding significant revenue potential. A professional recording studio, complete with a sound booth, caters to creative professionals. Security is a priority, with a comprehensive 14-camera security system and a secure safe. The property also includes four restrooms (two men's and two women's), a kitchen equipped with a grease trap, and an available liquor license for an annual fee of $5,000. Exterior amenities include ample lighting, a covered patio extending from the main bar area, and a fenced-in rear lot. A third stage is located downstairs, complemented by an upstairs balcony overlooking the performance area. The performance area also benefits from spray foam insulation, ensuring year-round energy efficiency and climate control. This turnkey property offers immediate operational capabilities and significant upside potential for a savvy investor. The combination of versatile space, existing infrastructure, and prime location makes this a truly rare find in the Jonesboro market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Total area 7,671 SF
Lot 1.25 ac (54,450 SF)
Zoning code MX
APN 13-207D- A-016
UPID US22-4411563
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
Current use
Occupant on record · Public records
  • Furnace 41 Bar & Pub
  • Royal 12 Expedite Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Trevor Bartlett · 15 yrs held
Trevor Bartlett
since 2011
4 recorded transactions
2011
$50,000
2008
Price N/A
2006
$460,000
2004
Price N/A
Zoning & alternative use
MX · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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