Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • • Iconic 1860 historic estate with preserved Southern architectural character
  • • Zoned C-2 General Commercial — rare flexibility for income and business use
  • • Expansion potential to 6–7 suites with projected income near $7,000/month
  • • Over 4,300 square feet on nearly one acre
  • • Producing $5,100/month in current furnished rental income
  • • Offered fully furnished — immediate turnkey opportunity

Executive Summary

Commanding in presence, steeped in history, and brimming with charm, The Cedric House stands as a grand 1860 estate- an enduring symbol of Southern architecture, grace, and hospitality. Once part of a grand 655-acre plantation, this landmark holds generations of stories in its walls, and it’s a story still being told. Thoughtfully restored to honor its heritage while embracing modern function, this remarkable property offers over 4,300 square feet of refined space on nearly an acre, zoned C-2 General Commercial for unmatched flexibility and income potential. Every inch of The Cedric House tells a story of craftsmanship and care. Towering ceilings, intricate crown moldings, original hardwood floors, and elegant fireplaces showcase the home’s stately design, while thoughtful updates bring modern comfort to its timeless appeal. Walls of windows and tall French doors flood the home with natural light, accentuating every architectural detail. Currently configured with three beautifully appointed, fully furnished suites, each featuring a private entrance, sitting room, bedroom, and full bath, the property produces $5,100 in monthly income. The existing layout offers an exceptional opportunity to expand—the rooms could easily be divided to create up to six or seven individual suites, increasing the potential gross revenue to approximately $7,000 per month. A hidden office tucked behind a paneled wall adds a touch of intrigue and versatility, perfect for on-site management or conversion into an additional rentable unit. Offered fully furnished at the asking price, this property is truly turnkey. Perfectly positioned just off Highway 19, The Cedric House benefits from exceptional visibility and direct access along one of Southwest Georgia’s fastest-growing commercial corridors. Highway 19 continues to attract new retail, medical, and mixed-use development, connecting Leesburg seamlessly with Albany and surrounding markets. With rising traffic counts, infrastructure investment, and new construction nearby, this location is at the center of expansion—offering both immediate returns and long-term appreciation. Its proximity to Phoebe Putney Memorial Hospital, Lee County’s award-winning schools, major employers, and new residential growth ensures consistent demand from professionals, travelers, and tenants alike. For investors and visionaries, The Cedric House represents the perfect harmony of history, elegance, and opportunity. With its C-2 zoning and adaptable layout, it offers endless potential—continue its success as a furnished executive rental hub for traveling professionals, or reimagine it as a bed-and-breakfast, boutique inn, medical or legal office, senior living residence, salon, coworking studio, elegant event venue, or antique market with individual vendor booths. Majestic, profitable, and irreplaceable, The Cedric House is more than a property—it’s a legacy. A stately cornerstone of Leesburg’s past, and a brilliant investment in its future. Offered fully furnished at: $700,000 {Showing by appointment only} Contact: Morgan Layfield: 229-900-7900 Miranda Phillips: 229-364-4086 RE/MAX of Albany: 229-434-1600

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,351 SF
Building Class
B
Year Built/Renovated
1860/2019
Price
$675,000
Price Per SF
$155.14
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,351 SF
Building FAR
0.10
Lot Size
0.97 AC
Zoning
Commercial - Commercial
Parking
15 Spaces (3.45 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Day Care
  • Fenced Lot
  • Fitness Center
  • Property Manager on Site
  • Security System
  • Wheelchair Accessible
  • Storage Space
  • Outdoor Seating
  • Fire Pits
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 400-500 SF
  • Office
  • -
  • Now
Space Size Space Use Build-Out Available
1st Floor 400-500 SF Office - Now

1st Floor

Size
400-500 SF
Space Use
Office
Build-Out
-
Available
Now

1st Floor

Size 400-500 SF
Space Use Office
Build-Out -
Available Now

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
040D-017
Land Assessment
$19,400 (2025)
Improvements Assessment
$68,652 (2025)
Total Assessment
$88,052 (2025)
  • Listing ID: 38610569

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 235 Cedric St, Leesburg, GA 31763

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}