BHGRE METRO BROKERS
Listed by BHGRE METRO BROKERS
$845,000
Ellijay RiverSpace
Details
APN 1081-015
Property Type Mixed Use, Office
Sub Type Creative Office, Storefront
Square Footage 4,000
Units 3
Cap Rate 7.1%
NOI $60,000
Occupancy 100%
Price per SqFt $211
Class C
Year Built 1966
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.420
Zoning General Commercial
Investment Type Owner/User
Occupancy Date 04/13/2018
Sale Condition For sale by owner
Prime Commercial Riverfront property in downtown Ellijay, GA
Marketing description
Rare downtown North Georgia investment opportunity situated within an Opportunity Zone, USDA-eligible rural market, SBA HUBZone, and a federally recognized rural area that may qualify for EB-5 rural investment incentives, offering investors multiple pathways to capitalize on economic development, tourism, workforce, and business expansion programs.
Investment highlights
18,295 SF of land with a 4,000 SF building.
Lot Size: 0.42 Acres
Zoning: General Commercial
Building Class: C-3 Commercial
Downtown Ellijay, GA
Listing Contacts
BHGRE METRO BROKERS
Listed by BHGRE METRO BROKERS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo
Valuation Metrics
0
DSCR
7.1%
Cap Rate
7.1%
ROI
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