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Cash Flowing 2 Story Brick Retail/Loft 36 Church St N 10,200 SF 100% Leased Flex Building Jeffersonville, GA 31044 $630,472 CAD ($61.81 CAD/SF) 10% Cap Rate
Investment Highlights
- High Visibility
- Long Term Tenants in Place
- Almost 1 Acre in City
- Quick Access to Interstate
- Parking & Additional Room for Growth
- Cash Flowing
Executive Summary
Historic brick commercial building in downtown Jeffersonville, currently home to a long standing local hardware store (fully leased retail tenant) plus a high-performing Airbnb loft with long term tenant in place. This 80 + year old hardware store is a cherished community landmark. Built in 1920, the solid brick building originally served as a cotton warehouse downstairs with the warehouse's offices above. The upstairs' offices later became the local attorney and doctor's offices with their beautiful original wood doors and glass signage still in place today. The spacious ground floor retail space, boasting 5,200 total square feet, is fully leased to a locally owned hardware store that serves as an important community fixture. Upstairs, many original details still remain and now a highly sought after Airbnb is located in the former lawyer's office! This 1000 sq ft. space was completely remodeled and holds a full kitchen, living room, bedroom suite/bathroom and laundry. Since 2023, this Airbnb loft has maintained an 85% booking rate and presently has a long term tenant in place! Additional room for the build-out of at least 2-3 Airbnb lofts or apartments awaits upstairs! The present upstairs layout easily lends itself to more lofts! Upstairs guests can also enjoy the bustle of small town life and overlook upon downtown Jeffersonville's neighboring police station, post office, courthouse, or shops from the tall windows. Parking for the store and Airbnb apartment is located on the property with accommodation for approximately 15 cars with street parking also available. There is level and already graded land for additional parking or business growth located directly behind the building. There is a newly built 640 sq ft. attached warehouse and also a 1000 sq ft. shed located behind the hardware store. This 10,200 sq. ft. income generating .97 acre property, with potential for additional income production, makes for a smart investment opportunity! Schedule your private showing today!
Property Facts
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Presented by
Oglethorpe Realty Company
Cash Flowing 2 Story Brick Retail/Loft | 36 Church St N
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