8111 Main St
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8111 Main St
4,800 SF Retail Building Ray City, GA 31645 $239,000 ($50/SF)
Investment Highlights
- This property is located right beside a Dollar General, ensuring heavy foot traffic in the area.
Executive Summary
Former supermarket with a high visibility location in Ray City. It's still perfect for a new supermarket as the only competition is a dollar store. This block building has 4800 SF and is laid out in typical supermarket fashion with a large open area. More than 12 shelving units that create isles are included in the sale. There is a small office, a cashier/check out station, 2 walk-in freezers, and 2 bathrooms. There are more than 20 parking spots available with easy access to parking lot right from State Highway 37. Additional parking is also available to the left in a city parking lot. The former supermarket was in business for years before health issues caused the owner to retire. Ray City is a growing small-knit community that supports local businesses. It's currently going through a revitalization stage and is ready for a new market!
Private Remarks: Tax ID Numbers are 077A 139 000 and 077A 140 000.
Private Remarks: Tax ID Numbers are 077A 139 000 and 077A 140 000.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1977
Price
$239,000
Price Per SF
$50
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Land Acres
0.38 AC
Zoning
C - Commercial
Parking
20 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
153 FT on Main Street
PROPERTY TAXES
| Parcel Number | 077A-139-000 | Improvements Assessment | $16,694 |
| Land Assessment | $1,947 | Total Assessment | $18,641 |
PROPERTY TAXES
Parcel Number
077A-139-000
Land Assessment
$1,947
Improvements Assessment
$16,694
Total Assessment
$18,641
-
Emily Somers -
Southern Classic Realtors
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8111 Main St
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