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1504 Broad St 2,262 SF 100% Leased Retail Building Lumpkin, GA 31815 $274,778 CAD ($121.48 CAD/SF)
Investment Highlights
- Positioned in downtown Lumpkin’s commercial district with strong visibility and accessibility.
- Brick exterior, expansive wraparound porch, and hardwood flooring create distinctive character.
- Attached living quarters include three bedrooms, one full bath, and stub-ins for an additional bath.
- Ample rear parking accommodates customers and residents alike.
- Newer metal roof provides enhanced structural longevity.
- Large 0.34-acre lot supports various commercial and residential configurations.
Executive Summary
Located in the heart of downtown Lumpkin, this versatile 2,662-square-foot property presents an exceptional ownership opportunity for an investor or business owner. Offered at $194,900, the building delivers a rare combination of commercial flexibility and residential convenience. Currently configured as a restaurant with attached living quarters, the property allows endless potential for alternative uses such as professional offices, boutique retail, or a hospitality concept.
The structure showcases a charming brick façade, a wraparound porch, and a newer metal roof that enhances long-term durability. The generous 0.34-acre lot provides ample rear parking, facilitating both customer access and residential functionality. Inside, the living quarters include three bedrooms and one full bath, with provisions in place for an additional bathroom.
Situated in Lumpkin’s downtown business corridor, the property benefits from steady local traffic and convenient access to regional routes that connect to neighboring cities. Combined with favorable acquisition terms, including possible owner financing with 55% down, this asset suits entrepreneurs looking for adaptable real estate with intrinsic value and operational flexibility.
The structure showcases a charming brick façade, a wraparound porch, and a newer metal roof that enhances long-term durability. The generous 0.34-acre lot provides ample rear parking, facilitating both customer access and residential functionality. Inside, the living quarters include three bedrooms and one full bath, with provisions in place for an additional bathroom.
Situated in Lumpkin’s downtown business corridor, the property benefits from steady local traffic and convenient access to regional routes that connect to neighboring cities. Combined with favorable acquisition terms, including possible owner financing with 55% down, this asset suits entrepreneurs looking for adaptable real estate with intrinsic value and operational flexibility.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,262 SF
Building Class
B
Year Built
1903
Price
$274,778 CAD
Price Per SF
$121.48 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
COMMERCIAL
Frontage
79’ on Broad Street
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | LU04-037-01 | Improvements Assessment | $64,388 CAD |
| Land Assessment | $1,624 CAD | Total Assessment | $66,011 CAD |
Property Taxes
Parcel Number
LU04-037-01
Land Assessment
$1,624 CAD
Improvements Assessment
$64,388 CAD
Total Assessment
$66,011 CAD
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1504 Broad St
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