1061 Village Park Dr - Office CONDO FOR SALE


Greensboro, GA 30642
$1,670,000 USD
770-840-2121
1061 Village Park Dr, Greensboro, GA for Sale
$1,670,000 USD
Office CONDO - FOR SALE
1/2
null | Request Cap Rate

1061 Village Park Dr
Greensboro, GA 30642


OVERVIEW

(This is an Open and Operating Businesses for Sale. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation, due diligence and Inspections will be provided upon request) da Corrado Ristorante Greensboro GA for Sale. Located at 1061 Village Park Dr 101 – 104, Greensboro, GA 30642. Lake Oconee-Greensboro GA Freestanding Italian Restaurant for Sale w/Real Estate. da Corrado Ristorante is a family owned and operated business. We strive to deliver a superior Italian experience in a spacious but intimate set of dining rooms and tavern. Our menu and wine list are both extensive, with our fare being both true Italian cuisine, accompanied by unique takes and embellishment at times, along with other European Mediterranean recipes and wines from around the globe. Bustling, family-run restaurant offering pasta, pizza & other Italian classics in a warm atmosphere. Minutes to Ritz Carlton Reynolds Plantation & Lake. Lake Oconee, located just 75 miles east of Atlanta. Where nature’s beauty and Southern hospitality come together to create an unforgettable experience. Nestled in the heart of Georgia, Lake Oconee is a hidden gem, beckoning travelers and adventure seekers to explore its tranquil waters, lush landscapes, and vibrant communities. Greensboro Georgia Restaurant & Bar for sale. Established 2010. Desirable Lake Oconee location. Middle to a very high-income area. Greensboro is a town filled with gorgeous scenery, a quaint and historic downtown, and delicious food. Freestanding 5800/sf. Profitable. Lease or Buy w/Real Estate. Monthly rent on business purchase is currently at $5400 per month All-In. New Long term lease to be negotiated. Seats 160. Bar seats 28. Outdoor patio seats 20. Well Established. Fully up to code. Monday-Saturday 5PM-10:00PM. Closed Sunday. 2022 Gross Sales $1,324,449.00 on dinners only. 2022 Net Profit $236,699.53 after paying all expenses. 2023 business up from the previous year. 2023 Gross Sales $1,469,011.00 on dinners only. 2023 Net Profit $304,866.77 Profit after paying all expenses. 2024 1st Qtr Attached below. Adding lunch, brunch and additional dinner shift can dramatically increase business. Great staff in place including Executive Chef makes for a flawless transition. Owner will provide training during the transition at no charge. Priced at $670,000 for business. Real Estate priced at an additional $1,000,000 but not required to buy.

FOR SALE DETAILS

PRICE

$1,670,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

13,220 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

105,023 SF

ZONING

C

APN/PARCEL ID

056-A-0D-005-0

ASK ABOUT THIS PROPERTY

Steven JosovitzThe Shumacher GroupMore Info
770-840-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steven JosovitzThe Shumacher GroupMore Info
770-840-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.