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506 Fair Rd
Statesboro, GA 30458
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- 20 surface parking spaces.
- Former bank branch layout.
- Flexible C3 zoning for multiple uses.
- Roof replaced 2 years ago.
- 0.8 miles from Georgia Southern University.
- Strong signage and visibility potential.
EXECUTIVE SUMMARY
Positioned just 0.8 miles from Georgia Southern University, this former bank branch offers a prime opportunity for investors or owner-users seeking a versatile commercial asset in the heart of Statesboro. With C3 zoning, the property is well-suited for a wide range of uses including retail, hospitality, entertainment, and specialty services. Whether repurposed as a boutique restaurant, service hub, or professional office, the site’s flexible entitlements and strategic location make it a standout.
The building features a two-year-old roof and 20 surface parking spaces, providing immediate value and convenience for customers and staff. Its proximity to the university ensures consistent foot traffic and visibility, while the surrounding area supports a mix of residential and commercial activity. The property’s freestanding nature and former bank layout offer strong signage potential and adaptable interiors.
Statesboro continues to benefit from a growing population, anchored by the university and supported by a vibrant local economy. With easy access to major thoroughfares and a business-friendly environment, this site is ideal for entrepreneurs, regional operators, or national brands seeking a foothold in southeast Georgia.
The building features a two-year-old roof and 20 surface parking spaces, providing immediate value and convenience for customers and staff. Its proximity to the university ensures consistent foot traffic and visibility, while the surrounding area supports a mix of residential and commercial activity. The property’s freestanding nature and former bank layout offer strong signage potential and adaptable interiors.
Statesboro continues to benefit from a growing population, anchored by the university and supported by a vibrant local economy. With easy access to major thoroughfares and a business-friendly environment, this site is ideal for entrepreneurs, regional operators, or national brands seeking a foothold in southeast Georgia.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,805 SF
Building Class
C
Year Built
1976
Price
$1,122,907 CAD
Price Per SF
$295.11 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
ZN34
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
133’ on Fair Rd
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | S31-000016-000 | Improvements Assessment | $336,800 CAD |
| Land Assessment | $110,555 CAD | Total Assessment | $447,355 CAD |
PROPERTY TAXES
Parcel Number
S31-000016-000
Land Assessment
$110,555 CAD
Improvements Assessment
$336,800 CAD
Total Assessment
$447,355 CAD
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