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INVESTMENT HIGHLIGHTS
- Turnkey operating restaurant, Strong sales and goodwill
- Full commercial kitchen, Two walk-ins, Full bar, Multiple dining areas
- Seats approximately 84, 50 paved parking spaces, ADA-compliant
- Fully renovated 2018-2020
- Fire sprinkler system, Vent hood/Ansul system, In-ground grease trap, Four HVAC units
- Sale could include Real Estate + FF&E + Business, or Real Estate + FF&E, or Real Estate Only
EXECUTIVE SUMMARY
Prime opportunity to acquire a fully operational restaurant property with proven sales history and established goodwill in a high-visibility Newnan location. Grayson's Steak & Seafood is an active, successful, and reputable food and beverage business operating within a 3,432 SF free-standing building on 1.2 acres, zoned PDC (Planned Development Commercial). Built in 2004 and extensively updated between 2018-2020, the facility offers a turnkey setup, including a full commercial kitchen with complete infrastructure, two walk-ins, a full bar, multiple dining areas, and seating for approximately 84 guests. The sale includes the real estate, the ongoing business, furniture, fixtures, equipment, and small wares, with the flexibility for buyers who may prefer to acquire only the real estate and FF&E. Additional features include 50 paved parking spaces, ADA-compliant entrances and restrooms, a fire sprinkler system, vent hood/Ansul system, in-ground grease trap, and four HVAC units. Positioned on Millard Farmer Industrial Blvd, the site offers direct state highway access and strong visibility, ideal for continued restaurant operations or other permitted commercial uses. Offered at $1,400,000 for the full package (real estate + FF&E + business), or $1,200,000 for real estate + FF&E, or $1,050,000 for real estate only.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
$1,400,000
Price Per SF
$400
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.17 AC
Opportunity Zone
Yes
Zoning
PDC - Planned Development Commercial
Parking
50 Spaces (14.29 Spaces per 1,000 SF Leased)
Frontage
220’ on Millard Farmer Industrial
AMENITIES
- Corner Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | N57-A-612 | Improvements Assessment | $153,820 |
| Land Assessment | $32,480 | Total Assessment | $186,300 |
PROPERTY TAXES
Parcel Number
N57-A-612
Land Assessment
$32,480
Improvements Assessment
$153,820
Total Assessment
$186,300
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91 Millard Farmer Ind Blvd
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