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203 Central Ave

12,000 SF Specialty Building Offered at $925,000 in Trion, GA 30753

Executive Summary

This offering has 2 unique buildings. The first one is the Tavern, a restaurant that opened in 1936 built by the owner Riegal Mills and Riegal Dairy. This has been a restaurant and a venue for weddings, graduations etc. It has equipment ready for restaurant use. The other building is called the Bateman building and it is a food service which provides a "meals on wheels" service to multiple counties in NW Ga. It has 2 loading docks, vent hood, a three door walk-in cooler, a walk-in freezer, warehouse with 4,500 sq ft +- The rent on it will renew in June for $3,500 plus insurance with a 3% increase per year for 5 years.

Property Facts

Price $925,000
Price Per SF $77
Sale Type Investment
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class B
Lot Size 6.22 AC
Building Size 12,000 SF
No. Stories 1
Year Built/Renovated 1937/1967
Parking Ratio 2.5/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00T15-00000-013-00A 01
Land Assessment
$56,920
Improvements Assessment
$113,776
Total Assessment
$170,696

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 29773297

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: 203 Central Ave, Trion, GA 30753

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