88 Williams St Hazlehurst, GA 31539
- Retail space
- 2,500 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 88 Williams St
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 2,500 SF
- Property type
- Retail space
- APN
- H0018-026
- APU
- H0018026
Description
This versatile Hazlehurst, GA commercial property presents a unique investment opportunity. Located at 88 S Williams Street, this 2,500 square foot building sits on a 0.34-acre lot and is currently configured as two separate units under a single, new roof. One unit operates as a successful takeout wing restaurant, while the other functions as a print shop. All existing equipment and fixtures are included in the sale price of $290,000. The property benefits from a recently installed, new air conditioning unit. The current setup offers immediate income potential, with the wing restaurant and print shop generating revenue streams. However, the layout is adaptable, allowing a new owner to easily convert the space into a full-service dine-in restaurant with minimal modifications, should they choose. This presents a significant opportunity to expand the existing businesses or create a completely new concept. The property's location in Hazlehurst offers access to a local customer base and potential for growth. The combination of existing businesses and the potential for future development makes this a highly attractive investment for entrepreneurs and business owners seeking a profitable venture in a thriving community. The property is ready for immediate occupancy and offers a solid return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $240,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $245,000
- Mixed-Use
- $245,000
- Hospitality
- $245,000
- Educational
- $240,000
- Residential Income
- $265,000
- Energy
- $250,000
- Income-Based Land
- $265,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Hazlehurst
- County
- Jeff Davis
- State
- Georgia
- Longitude
- -82.6044
- Latitude
- 31.8632