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205 Highway 11

5,160 SF Specialty Building Offered at $800,000 at a 11% Cap Rate in Rising Fawn, GA 30738

Investment Highlights

  • Access to HWY-11
  • Event Hall
  • Investment opportunity

Executive Summary

The Rising Fawn Event Center is a newly renovated event space in the Heart of Rising Fawn. Just south of Downtown Trenton, GA this property offers tons of indoor and outdoor space with a ton of room to add on. Featuring wide open square footage, 90 parking spaces, and much more. The event space is currently rented on a case-by-case basis for $4,000 per booking. Just 30 minutes from downtown Chattanooga, this event space has so much potential, the opportunities are endless. The property is fully set up with His and her bathrooms with 3 stalls per bath. There is also a large dressing room with a half bathroom attached. There is a large kitchen and a huge 43 by 43 outdoor patio space.

Property Facts

Price $800,000
Price Per SF $155
Sale Type Investment
Cap Rate 11%
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class A
Lot Size 1.97 AC
Building Size 5,160 SF
No. Stories 1
Year Built/Renovated 1990/2022
Parking Ratio 9.69/1,000 SF

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
022 00 037 02
Land Assessment
$6,520
Improvements Assessment
$290,000
Total Assessment
$296,520
  • Listing ID: 31805384

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 205 Highway 11, Rising Fawn, GA 30738

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