Bank-Owned Two-Story Restaurant & Retail | 3840 Highway 42
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Bank-Owned Two-Story Restaurant & Retail 3840 Highway 42
6,360 SF Retail Building Locust Grove, GA 30248 $900,000 ($142/SF)
Investment Highlights
- ±6,360 SF, two-story retail/restaurant opportunity.
- Zoned C2 for versatile commercial use. Prime location on Highway 42 for high visibility.
- Spacious interior layout for flexible use.
- Renovated in 2018, maintaining historic charm. Ideal for retail or restaurant investment.
- Abundant street parking. Modern amenities with historic ambiance.
- Existing restaurant equipment included.
Executive Summary
Opportunity to acquire a two-story, ±6,360 SF, turnkey restaurant and retail building with a fully-equipped commercial kitchen and ample FF&E. This rare opportunity provides investors, owner-users, or tenants the opportunity to enter the extremely limited-supply of available restaurant space in Locust Grove, GA. Located on busy Locust Grove Main Street in Central Locust Grove, the property is ideal for those looking to take advantage of the superior visibility and foot traffic.
The first floor (4,800 SF) features a large open floorplan, kitchen, bar, washroom, back heated patio, two restrooms, and a small stage in the ‘dining room’. Gain access to the second floor (1,560 SF) by taking the beautiful wooden staircase located towards the front of the building where awaits is more open space, an office/storage room/changing room, and one bathroom with a shower. Both floors also feature multiple windows located at the front of the building allowing for an abundance of natural light to enter the property.
The first floor (4,800 SF) features a large open floorplan, kitchen, bar, washroom, back heated patio, two restrooms, and a small stage in the ‘dining room’. Gain access to the second floor (1,560 SF) by taking the beautiful wooden staircase located towards the front of the building where awaits is more open space, an office/storage room/changing room, and one bathroom with a shower. Both floors also feature multiple windows located at the front of the building allowing for an abundance of natural light to enter the property.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,360 SF
Building Class
C
Year Built/Renovated
1902/2018
Price
$900,000
Price Per SF
$142
Tenancy
Single
Building Height
2 Stories
Building FAR
1.33
Lot Size
0.11 AC
Zoning
C2 - Zoning C-2 (General Commercial)
Frontage
79 FT on Ga-42 Hwy
Amenities
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0L02-07-001-000 | Improvements Assessment | $234,880 |
| Land Assessment | $19,200 | Total Assessment | $254,080 |
PROPERTY TAXES
Parcel Number
0L02-07-001-000
Land Assessment
$19,200
Improvements Assessment
$234,880
Total Assessment
$254,080
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Bank-Owned Two-Story Restaurant & Retail | 3840 Highway 42
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