488 W GA Highway 49 3,910 SF Retail Building Milledgeville, GA 31061 $2,600,000 ($664.96/SF)

488 W GA Highway 49 is a Texaco gas station and convenience store (c-store) spanning 3,910 square feet with four fuel pumps and two additional outbuildings on the spacious 3.04-acre site. The property has been completely remodeled and rebranded as Texaco, which has a fuel contract with Amazing Energy Solutions. There are ample value-add opportunities new buyers can enact, including reusing or converting the existing outbuildings, expanded construction on the excess land, and securing the open Coin Operated Amusement Machines (COAM) license. The property is decidedly positioned just minutes from Downtown Milledgeville, major employers, and affluent suburbs, ideally placing it to take full advantage of market trends.

Milledgeville, the seat of Baldwin County, touts one of the most multifaceted economies in the Middle Georgia region. Healthcare and social services is the fastest-growing sector in Baldwin County, representing approximately 20% of jobs in the county. Meanwhile, education accounts for a significant portion of jobs, with the overwhelming majority coming from Georgia College & State University (GCBU) and the Baldwin County School District. In fact, GBCU alone is one of the largest employers in the Middle Georgia region, generating over $333 million in economic impact in 2024, and the main campus is located at the heart of Milledgeville. The presence of such high-paying employers draws well-educated residents to the area with above-average incomes in comparison to the region. 488 W GA Highway 49 is in a particularly affluent node, with an average annual household income of $100,121 within a 2-mile radius, and its off-highway location makes it an easy stop for commuters.