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2618 Georgia 34 1,498 SF Retail Building Newnan, GA 30265 $950,000 ($634.18/SF)
Investment Highlights
- High-traffic location exceeding 36,000 vehicles daily, positioned at a signalized intersection for outstanding visibility.
- Flexible redevelopment options, including the ability to expand the building or redevelop the entire lot for alternate commercial uses.
- Situated within an active commercial corridor near Publix, Chick-fil-A, banks, restaurants, and healthcare providers.
- Existing brick structure in very good condition offers conversion potential for medical, dental, or professional office use.
- Adjacent properties are commercially zoned, creating a strong case for rezoning approval for retail, food service, or franchise use.
- Convenient access and strong consumer base in a rapidly growing Newnan trade area, supporting sustained demand for commercial development.
Executive Summary
This 1 acre lot at a 3 way signalized intersection 36,000 and growing traffic count and major visibility. This conversion property consists of a house structure that is in very good condition and can be repurposed for medical, or professional office. It can be expanded, modified, or torn down to reset the land lot for another type of business. Currently zoned as residential, lots on either side are zoned for commercial and rezoning to commercial can be updated pending application. Up and coming area in a concentrated commercial area, this residential home is a natural conversion to commercial convenience store, gas station, franchise location or many other uses. Close to Publix, Chic fil a, banks, restaurants, dental, medical, and many other commercial businesses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,498 SF
Building Class
C
Year Built
1987
Price
$950,000
Price Per SF
$634.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.03 AC
Zoning
R1 - Residential
Frontage
155’ on Highway 34
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 109-6027-059 | Improvements Assessment | $83,444 |
| Land Assessment | $19,244 | Total Assessment | $102,688 |
Property Taxes
Parcel Number
109-6027-059
Land Assessment
$19,244
Improvements Assessment
$83,444
Total Assessment
$102,688
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2618 Georgia 34
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