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1130 Lake Oconee Parkway, Eatonton, GA

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1130 Lake Oconee Parkway

Eatonton, GA 31024

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:-
Building Size:12,945 SF Land Area:1.63 AC (71,003 SF)
For Sale Price:$950,000 Price/SF:$73.39
Cap Rate:-
12,945 SF is available to occupy upon purchase.

Sale Notes:
Known as The Magnolia House this has been a landmark since 1815. It is positioned with a view of the Lake and is in one of the highest traffic areas in all of Lake Oconee. The building, land and equipment are included in this sale and the building has been renovated recently and meets current codes. This property offers unlimited options including Restaurant, Pub, Sports Bar, Special Events Facility, Bed & Breakfast, Retail or Office space. Seat over 220 as a restaurant. Incredible opportunity for anyone wanting a quality lifestyle away from the city but still close. Incredible high income clientele wanting a quality operator. A Chef driven restaurant would be an amazing fit.
Located in the Lake Oconee area a few miles off of Interstate 20, and down the road from Reynolds Plantation and the Ritz Carlton, directly on Highway 44.
This multiple use restaurant has a direct Lake Oconee view on one of the areas highest traffic roads it has a fully equipped kitchen, a large dining area, and quaint areas with Fireplaces scattered throughout.
Priced at $1,350,000 for property, furniture, fixtures, and equipment. Priced dramatically less then $2,100,000 appraisal done just over a year ago. Lease option exist at $12,000 per month but only to financially qualified individuals. Real Estate Taxes are at $8500 per year.

Coldwell Banker Commercial Lake Country
Ashley Goodroe
(706) 485-0124 x3

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