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400 River St 6,100 SF Industrial Building Ellijay, GA 30540 $7,900,000 ($1,295.08/SF)

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EXECUTIVE SUMMARY

For the first time in history, 400 River St in Ellijay, GA is available for purchase-offering an unparalleled chance to own one of the most iconic and historic commercial properties in the area. Originally built in 1895, this massive 6,100 sq ft former lumber mill still showcases its original timber beams and trusses, echoing the craftsmanship and industry of a bygone era. Situated on 14.09 acres within the city limits, this unique property boasts 1445+ Feet of frontage on the Cartecay River, bordering the CSX railroad, and offers some of the best and most visible road frontage at over 1665 feet in downtown Ellijay. The land includes flat open areas ideal for expansion or development, and an additional 3.46-acre terraced parcel on the opposite side of River Street. Currently, the property features two land leases generating income: a used car dealership operating out of a commercial office building, and a small cabin being utilized as a spa. Both businesses add immediate value and activity to the site, with flexibility for future uses. Whether you're envisioning a mixed-use development, boutique hotel, restaurant and event venue, retail center, or preserving and restoring the mill as a historic destination, this property offers incredible flexibility, location, and potential. Zoned within the city limits, with river frontage, historic charm, and over 14 acres of prime land, this is truly a once-in-a-generation commercial opportunity in the heart of Ellijay's growing downtown corridor. Contact us today for a private tour and to learn more about this exceptional piece of North Georgia history.

PROPERTY FACTS

Price $7,900,000
Price Per SF $1,295.08
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 12.81 AC
Rentable Building Area 6,100 SF
No. Stories 1
Year Built 2000
Tenancy Single
Opportunity Zone Yes
Zoning GC - General Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1081-112A
Land Assessment
$100,000
Improvements Assessment
$66,360
Total Assessment
$166,360
  • Listing ID: 35691657

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 400 River St, Ellijay, GA 30540

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