Hotel and Restaurant Construction Opportunity in Villa Rica, GA!

Villa Rica, GA
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Asking Price:$499,000
Real Estate:$499,000
BUSINESS DESCRIPTION

Seller is willing to sign a contract with a rezoning contingency! Seller has connections with the County!

The 1-acre parcel is located North adjacent to the gas station.

The 2-acre parcel is located North adjacent of the 1-acre parcel.

Two Commercial Properties off Hwy-61 in Villa Rica, GA totaling 3 acres!

Properties are zoned Heavy Commercial (C-H) which includes hotel/motels in the permitted uses!

Rezoning Contingency OK!

Additional permitted uses included Tobacco Stores, Restaurants, Bars, Taverns, and Dry-Cleaning!

One Commercial property is 1 acre and the other is 2 acres! Buy one or both!

40 minutes from Atlanta, GA!

Near Tanner Medical Center.

2 miles from a mixed-use development that will include multiple stores and restaurants, along with 255 townhomes and 208 apartments.

3 miles from 192-unit development and a proposed rental community will offer 100 rental units.

3 miles from apartment complexes like The Legacy at Walton Trail, Hawthorne at Mirror Lake, Villa Rica Lofts, Arbor Bend Apartments, and Willow Creek Apartments.

4 miles from Villa Rica Elementary School with over 475 students, Glanton-Hindsman Elementary School with 700 students, and Mirror Lake Elementary School with over 532 students.

5 miles from a mixed-use development project plans include townhomes, single-family homes, a senior living and assisted living community, a fitness center, chapel, and amphitheater and a 230-acre mixed-use project consisting of 525 residential units and 250 senior living.

Average traffic count of 12,800 vehicles passing by the property each day!

Population is increasing by an extremely high 6% every year!

Asking Price for the 1-acre parcel: $199,000!

Asking Price for the 2-acre parcel: $349,000!

Combined Asking Price for all 3 acres is discounted at $499,000!


DETAILED INFORMATION
Location
Villa Rica, GA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
130,680
Facilities
One Commercial property is 1 acre and the other is 2 acres!
Competition
Average traffic count of 12,800 vehicles passing by the property each day!
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Rutvik Emil
Dmello
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Rutvik Emil Dmello