138 N Midland Ave - Restaurant FOR SALE


Monroe, GA 30655
$2,500,000 USD
770-862-4133
138 N Midland Ave, Monroe, GA for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

138 N Midland Ave
Monroe, GA 30655


HIGHLIGHTS

  • Regionally Known Pizza Franchise on Long term lease, August 1st! Currently active, Turn-key sale including all FF&E
  • 5,000 SF recently renovated bar & restaurant building
  • 1,000 SF renovated office/storage building
  • 1,000 SF outdoor deck
  • Fully-equipped commercial kitchen w/in-ground grease trap

OVERVIEW

Attention Restaurant Investors! For Sale! Rare opportunity to acquire an active, fully-equipped and furnished restaurant tavern in the heart of downtown Monroe, Georgia! The big plus is the fact that a well-known regional pizza franchise has just signed a long-term lease and is ready to go August 1st! Other than the name change, there will be a seamless transition for the current regular clientele and a significant clientele growth potential for those patrons already loyal to the franchise brand. This .53 acre property includes: two recently renovated buildings totaling approximately 6,000 SF, an outdoor patio, an outdoor deck, a fully furnished restaurant, a fully equipped and operating commercial kitchen. Located within Monroe’s highly active, walkable mixed-use downtown district surrounded by local shops, restaurants, and attractions. Considering a recent appraisal over $3M, this opportunity is very attractive at $2.5M with a current long-term tenant in place for the 5,000 SF restaurant and an additional 1,000 SF outbuilding available for lease as a professional office with ample storage space. Shown by appointment only, between 10am and 11am weekdays. Financial qualification and proof of funds required in advance. Discreet sale. DO NOT DISTURB! No interaction or conversation with staff. Contact agents only. Call or text Fielding 770.862.4133 or Sonia 404.617.1910

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

B2

APN/PARCEL ID

M014000000198000

ASK ABOUT THIS PROPERTY

Fielding AldermanUC Premier PropertiesMore Info
770-862-4133

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Fielding AldermanUC Premier PropertiesMore Info
770-862-4133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.