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Pool Room Cafe 205 S Center St 1,750 SF Retail Building Thomaston, GA 30286 $600,000 ($342.86/SF)
Investment Highlights
- Great opportunity for local up-and-coming or established entrepreneurs with business ownership interest in historic downtown area
- Popular dining/ bar option in the well-located area of downtown Thomaston, receiving a 4.8/5 score per Google & Facebook reviews
- Buyers may qualify for 100% Bonus Depreciation and SBA 7(a) Loan
- Truly a turnkey business opportunity with current ownership investing +$100K for renovations and equipment
- Instantly generate $21K in monthly income via seamless hand-off for steady cash flow across hold period
Executive Summary
Marcus and Millichap is pleased to exclusively offer to qualified investors the opportunity to acquire Pool Room Cafe (the “Business” or “Asset”), a turnkey restaurant investment located in Downtown Thomaston, Upson County. The Business has strong demand, with operational income averaging $21,000 monthly. The Asset is minutes away from US Hwy. 19, an active thoroughfare with 22,039 AADT, in a region set for growth and transformation with +$1 Billion in planned projects including the Brightmark Plastic Recycling Facility, set to complete by 2027.
Pool Room Cafe will provide investors the opportunity to create significant and immediate value by serving as a true turnkey restaurant with steady income from a well-established customer base. Current ownership is open to assisting buyers with training and setup for a seamless transition.
Pool Room Cafe will provide investors the opportunity to create significant and immediate value by serving as a true turnkey restaurant with steady income from a well-established customer base. Current ownership is open to assisting buyers with training and setup for a seamless transition.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,750 SF
Building Class
C
Year Built/Renovated
1910/1992
Price
$600,000
Price Per SF
$342.86
Business Value
$324,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.05 AC
Zoning
DT - Downtown Commercial
About 205 S CENTER ST , THOMASTON, GA 30286
The Asset consists of a 2,000 SF building on a 0.5-acre site, adjoined by other commercial assets and operators in Thomastons downtown core. As a turnkey restaurant furnished with new fixtures, finishes, and equipment, it is available for immediate occupancy and cash flow generation.
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | T23-211 | Improvements Assessment | $26,037 |
| Land Assessment | $10,126 | Total Assessment | $36,163 |
Property Taxes
Parcel Number
T23-211
Land Assessment
$10,126
Improvements Assessment
$26,037
Total Assessment
$36,163
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Pool Room Cafe | 205 S Center St
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