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Investment Highlights

  • Minutes from North Columbia Street
  • Ideal location for restaurant/brewery/boutique and more
  • Excellent redevelopment opportunity
  • Located in Downtown Milledgeville
  • Recent improvements to space
  • Walking distance from Georgia College and State University

Executive Summary

- Historic downtown retail building located in the heart of Downtown Milledgeville, Georgia, offering an excellent opportunity for a restaurant, bakery, brewery, bar, retail concept, office user, or mixed-use redevelopment project within one of the city’s most active commercial corridors.
- The property consists of approximately 3,450 square feet including 2,450 SF of street-level storefront space and an additional 1,000 SF unfinished potential loft area with hardwood floors that could be converted into apartment space, office use, or additional customer seating. A full-length basement provides valuable storage and operational flexibility.
- Recent upgrades include LED lighting, refinished flooring, new paint, roof repairs, a new grease trap, a new freezer, and a new POS system with software, creating a strong turnkey opportunity for food and beverage operators or retail users.
- The building offers redevelopment and expansion potential with the ability to add additional windows, outdoor access at the ground level, and potential elevator access to the loft space, providing flexibility for a variety of future layouts and uses.
Ideal Uses:
- Restaurant or café
- Brewery or wine bar
- Boutique retail
- Creative office
- Event venue
- Salon/spa
- Fitness or wellness concept
- Mixed-use redevelopment
Strategically positioned on South Wayne Street with approximately 15,658 vehicles per day, the property benefits from strong visibility and walkability surrounded by numerous restaurants, retailers, financial institutions, government offices, and downtown attractions.
Nearby businesses and landmarks include Georgia College & State University, Georgia Military College, Baldwin County Courthouse, City Hall, The Brick, Amici, Blackbird Coffee, The Vault, Magnolia State Bank, Century Bank, and numerous additional downtown retailers, restaurants, and professional offices that drive consistent pedestrian and vehicular traffic throughout the area.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
3,450 SF
Building Class
C
Year Built
1900
Price
$649,033 CAD
Price Per SF
$188.13 CAD
Building Height
2 Stories
Building FAR
1.32
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
PDE - Commercial
Frontage
25’ on Wayne St
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Blimpie
Truist
Piggly Wiggly

Property Taxes

Property Taxes

Parcel Number
M60-115
Land Assessment
$34,550 CAD
Improvements Assessment
$71,044 CAD
Total Assessment
$105,595 CAD
  • Listing ID: 32308690

  • Date on Market: 2024-07-01

  • Last Updated:

  • Address: 135 S Wayne St, Milledgeville, GA 31061

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