20 Spring Rd 7,000 SF 100% Leased Retail Building Molena, GA 30258 $819,500 ($117.07/SF)



EXECUTIVE SUMMARY
2 Beautiful brick commercial buildings built In 1950 located in downtown Molena. 30 Spring Road has a wide open room with oak hardwood flooring that could be used for a number of things. There is a storage room or could be used as a men’s/women’s restroom with plumbing in place and there is a 2nd storage room with a working restroom. 20 Spring Road could be used as a restaurant / bar with pine and oak hardwood flooring. Open space that would make a perfect bar and / or restaurant. Tiled restroom. Kitchen w/electric oven/range (small stainless sink & larger stainless commercial sink for washing dishes). Upstairs has 4 recently renovated individual bed and breakfast rooms and all rooms have an en-suite full bathroom w/vanity & clawfoot tub. There is also a laundry room in the hallway w/stainless sink, washer & dryer. Covered back porch that covers the back of both buildings perfect for outdoor seating and / or waiting area w/built-in bench. Additional 726+/- s/f single family home included in the sale and located behind the commercial buildings has one bedroom and one full bathroom, family room/dining room combo and kitchen.
Cash to seller, conventional financing
Rental house is rented for $ per month on a month to month?
Cash to seller, conventional financing
Rental house is rented for $ per month on a month to month?
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1950
Price
$819,500
Price Per SF
$117.07
Percent Leased
100%
Building Height
1 Story
Building FAR
2.68
Lot Size
0.06 AC
Zoning
001
Parking
10 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
159’ on Spring Road
PROPERTY TAXES
Parcel Number | 019A-015 | Improvements Assessment | $53,404 |
Land Assessment | $1,914 | Total Assessment | $55,318 |