3840 Highway 42 - Restaurant FOR SALE


Locust Grove, GA 30248
$900,000 USD
478-733-4245
3840 Highway 42, Locust Grove, GA for Sale
$900,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

3840 Highway 42
Locust Grove, GA 30248


HIGHLIGHTS

  • ±6,360 SF, two-story retail/restaurant opportunity.
  • Renovated in 2018, maintaining historic charm. Ideal for retail or restaurant investment.
  • Zoned C2 for versatile commercial use. Prime location on Highway 42 for high visibility.
  • Abundant street parking. Modern amenities with historic ambiance.
  • Spacious interior layout for flexible use.
  • Existing restaurant equipment included.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bank-Owned Two-Story Restaurant & Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C2

APN/PARCEL ID

L02--07-001-000

ASK ABOUT THIS PROPERTY

Brice BurnsBull Realty Inc.More Info
478-733-4245

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Brice BurnsBull Realty Inc.More Info
478-733-4245

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