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Executive Summary

Rare opportunity to acquire a well-established restaurant property and business in Waycross, GA. This offering includes three separate structures and an operating restaurant business, making it an excellent owner-user or investment opportunity.
The restaurant has been a long-standing local favorite with a strong community presence and consistent customer base.
Included in Sale:
* Restaurant Building: ±3,774 SF (currently operating restaurant)
* Fully operational business included in sale
* Retail Building: ±1,008 SF (additional income or use potential)
* Residential Home: ±1,736 SF (on-site living or rental option)
* All assets sold together as one package
Location Highlights:
* Prime frontage on Knight Avenue
* Directly across from Kroger
* Close to hotels, retail shops, and high-traffic commercial corridor
* Excellent visibility and accessibility
Business Highlights:
* Established restaurant with decades of local history
* Fully operational business included in sale
* Strong local recognition and customer base
* Turnkey opportunity for continued operation
Concept Flexibility
Buyer may:
* Continue existing restaurant operation
* Rebrand or introduce a new cuisine or restaurant concept
* Convert to a different food service style or hospitality use
The layout and location support a wide range of restaurant concepts, offering strong repositioning potential.
Investment Highlights:
* Mixed-use income potential (restaurant + retail + residential)
* Owner-user or investor opportunity
* SBA financing eligible
* Cash buyers preferred
* Strong value-add potential through repositioning or expansion
This is a rare chance to acquire a multi-building, mixed-use restaurant property in a high-visibility location with strong historical performance and future upside.
Note: the listing agent speaks Mandarin, Cantonese, and English.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,744 SF
Year Built
2013
Price
$1,280,000
Price Per SF
$341.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.18 AC
Zoning
02 - General Business Use, Retail, Restaurant, Offices allowed, Higher traffic frontage areas.
Parking
15 Spaces (4.01 Spaces per 1,000 SF Leased)
Frontage
76’ on Knight Ave

Amenities

  • Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Kroger
Ellianos Coffee
CrossFit
Huddle House
Rent-A-Center
Checkers
Truist
Ameris Bank
United Community Bank

Property Taxes

Property Taxes

Parcel Number
WA1705-043
Land Assessment
$8,625
Improvements Assessment
$205,466
Total Assessment
$214,091
  • Listing ID: 40413175

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 903 Knight Ave, Waycross, GA 31503

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