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Two-Story Restaurant & Retail Asset with FF&E 3840 Highway 42 6,360 SF Vacant Retail Building Online Auction Sale Locust Grove, GA 30248
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Investment Highlights
- 3840 Highway 42 provides a two-story restaurant and retail building outfitted with a commercial kitchen and extensive furnishings and equipment.
- Spacious open dining areas on both floors, with a kitchen, bar, storage, changing rooms, and a small stage, offering operational flexibility.
- Longstanding location with a history of success, ideal for food and beverage concepts, retail storefronts, or a special events venue.
- Prime location along Main Street in Central Locust Grove with visibility to more than 17,000 daily cars as well as strong pedestrian foot traffic.
- Easily accessible location neighbored by traffic-driving boutique retailers and popular restaurants, drawing steady cross-traffic opportunities.
- Valuable customer base of more than 35,000 within 5 miles with an average household income of more than $107K and over $421M in annual spending.
Executive Summary
KW Commercial First Atlanta presents the exclusive opportunity to acquire a two-story, recently rehabilitated restaurant and retail building, fully outfitted with a commercial kitchen and extensive furnishings and equipment. Spanning 6,036 square feet, 3840 Highway 42 stands out in Locust Grove, Georgia, where restaurant spaces are in short supply. Positioned on Main Street in Central Locust Grove, the building benefits from exceptional street visibility and consistent pedestrian traffic, making it an attractive investment for those seeking a prime location for restaurant or retail operations.
Previously occupied by the successful French Market & Tavern, the property boasts a history of strong performance. Its adaptable layout supports a wide range of business activities, from food and beverage sales to retail shopping, and even hosting special events such as fundraisers and private parties. With a proven track record of generating revenue through multiple channels, the building offers compelling potential for investors, owner/users, and tenants seeking to harness its versatility for substantial returns.
The first level is designed with a spacious open floor plan, kitchen, bar, washroom, heated back patio, two restrooms, and a small stage in the dining area. Ascending the elegant wooden staircase at the front, the second floor provides additional open space, an office/storage/changing room, and a bathroom equipped with a shower. Both floors feature multiple front-facing windows, filling the interior with natural light and creating a welcoming atmosphere. For a full list of included furniture, fixtures, and equipment, please visit the Data Room below.
3840 Highway 42 enjoys a high-impact location with highway visibility to more than 17,000 daily vehicles, creating strong signage opportunities. The property is neighbored by boutique retailers and popular local restaurants, drawing stable traffic from a valuable captive audience. Looking within 5 miles of the property, Locust Grove offers a rapidly growing population of more than 35,000 that earns an average household income of over $107,000. With annual consumer spending in the area exceeding $421 million, there is strong support for retail growth in the area.
Seize a rare opportunity to invest in a turnkey, high-visibility restaurant and retail space in booming Locust Grove, primed for multiple income streams and rapid growth.
Property tours are by appointment only. Please contact the listing broker to schedule.
Previously occupied by the successful French Market & Tavern, the property boasts a history of strong performance. Its adaptable layout supports a wide range of business activities, from food and beverage sales to retail shopping, and even hosting special events such as fundraisers and private parties. With a proven track record of generating revenue through multiple channels, the building offers compelling potential for investors, owner/users, and tenants seeking to harness its versatility for substantial returns.
The first level is designed with a spacious open floor plan, kitchen, bar, washroom, heated back patio, two restrooms, and a small stage in the dining area. Ascending the elegant wooden staircase at the front, the second floor provides additional open space, an office/storage/changing room, and a bathroom equipped with a shower. Both floors feature multiple front-facing windows, filling the interior with natural light and creating a welcoming atmosphere. For a full list of included furniture, fixtures, and equipment, please visit the Data Room below.
3840 Highway 42 enjoys a high-impact location with highway visibility to more than 17,000 daily vehicles, creating strong signage opportunities. The property is neighbored by boutique retailers and popular local restaurants, drawing stable traffic from a valuable captive audience. Looking within 5 miles of the property, Locust Grove offers a rapidly growing population of more than 35,000 that earns an average household income of over $107,000. With annual consumer spending in the area exceeding $421 million, there is strong support for retail growth in the area.
Seize a rare opportunity to invest in a turnkey, high-visibility restaurant and retail space in booming Locust Grove, primed for multiple income streams and rapid growth.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
6,360 SF
Building Class
C
Year Built/Renovated
1902/2018
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.15 AC
Parcel Number
0L02-07-001-000
Zoning
C2 - Zoning C-2 (General Commercial)
Frontage
79’ on Ga-42 Hwy
Amenities
- Restaurant
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
4,723
17,488
35,351
2020 Population
4,079
14,748
30,866
2030 Population
5,097
18,950
38,041
2025-2030 Projected Population Growth
7.9%
8.4%
7.6%
Daytime Employees
3,525
5,198
7,633
Total Businesses
435
637
979
Average Household Income
$79,289
$105,825
$107,617
Median Household Income
$57,485
$77,593
$86,127
Total Consumer Spending
$46.6M
$203.6M
$421.9M
Median Age
34.3
35.3
36.8
2025 Households
1,636
5,891
11,841
Percent College Degree or Above
13%
13%
14%
Average Home Value
$310,612
$356,263
$390,030
$ values in USD
Nearby Major Retailers
Sale Advisors
Sale Advisors
Rocky Kaufmann, Managing Director/Compliance Broker
Rocky Kaufmann, Director/Associate Broker with KW Commercial, was born and raised in the Atlanta area and attended The Lovett School in high school and then North Carolina State University and Kennesaw State University for secondary education. In 2002, he began his real estate career as the lead manager and leasing agent of a diversified portfolio that included office, medical office, retail, and industrial properties. In 2005 he joined KW Commercial, brokering sales and leases of a variety of property types including office, medical office, retail, and industrial. Rocky has won award within the company for production, including Top Commercial Agent at KW Commercial Atlanta Perimeter in 2009 – 2013, 2015, 2016. Rocky is currently serving on the ALC (Agent Leadership Council) for the Keller Williams Atlanta Perimeter office. Additionally, he serves on the National CLC (Commercial Leadership Council) for KW Commercial, the commercial arm of Keller Williams. Rocky has maintained a presence in the Atlanta community and the spirit of volunteerism through his work with Team Georgia Wrestling, as VP of Wrestlers In Business Atlanta and as a Wrestling Coach at The Lovett School for the last twenty-one years. He was honored in 2003 with the Georgia High School Association Coach of The Year award for his contributions and leadership.
Clay Metzger, Commercial Agent
Clay Metzger is a dedicated professional at Maximus Capital Advisors, a premier Commercial Real Estate group in Atlanta. Specializing in retail, office, and medical properties, Clay is experienced in navigating buying, selling, leasing, and property management to meet diverse client needs. Clay’s commitment to excellence, strategic insight, and client-focused approach ensure tailored solutions and successful outcomes in the dynamic commercial real estate market. His professional expertise and passion make him a trusted advisor in the industry. A University of Alabama graduate, he brings a unique perspective from his prior career in Baseball Operations with the Atlanta Braves and Miami Marlins.
About the Auction Technology
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Auction Contact
Taylor Cunningham
Contact
Auctioneer License:
Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Two-Story Restaurant & Retail Asset with FF&E | 3840 Highway 42
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Two-Story Restaurant & Retail Asset with FF&E | 3840 Highway 42
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