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Property profile & analytics
FOR SALE
Commercial real estate

8 W Bacon St Pembroke, GA 31321

5,550 SF 0.06 ac lot Built 1910
Individually Owned Absentee Owner Free & Clear
Property ID
US22-2989351
Property summary
AI-generated overview

This 5,550 square foot C-3 commercial building, zoned B-3, presents a remarkable investment opportunity in the thriving downtown Pembroke area. Located at 8 W Bacon Street on a 0.06-acre corner lot, this property boasts ample parking directly in front and across the street. Currently undergoing tenant turnover, this building offers immense potential for redevelopment. Imagine transforming this historic structure into a bustling restaurant or retail space on the ground floor, complemented by additional income-generating spaces on the upper levels. The building is being sold "AS IS," reflecting its need for some renovation to restore it to its former grandeur. However, this presents a unique chance to add significant value. The strategic location, just minutes from the Hyundai plant, benefits from a booming local economy. Furthermore, the availability of grants and tax incentives makes this project even more attractive. This is a rare chance to own a piece of Pembroke's history and capitalize on its exciting future. The property's prime location and flexible zoning provide a wide range of possibilities for a savvy investor. Don't miss this chance to acquire a significant commercial property in a rapidly growing market. The asking price is $700,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Construction STEEL FRAME
Total area 5,550 SF
Lot 0.06 ac (2,614 SF)
Zoning code B-3
APN P06 09 009
UPID US22-2989351
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SCOTT C LAVERNE
SCOTT C LAVERNE
Zoning & alternative use
B-3 · Pembroke, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is to provide for continuity and limited expansion of the central commercial area of Pembroke This area is a diverse and vital mixture of complementary uses including small scale businesses, professional and retail shops, offices, governmental services, and residential uses

Zone name Village Commercial District
General category CIVIC_INSTITUTIONAL
Zone area 46.92 ac
Source Realmo
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