168 W Main St - Hospitality FOR SALE


Dahlonega, GA 30533
$1,975,000 USD
352-216-1361
168 W Main St, Dahlonega, GA for Sale
$1,975,000 USD
Hospitality - FOR SALE
1/46
null | Request Cap Rate

168 W Main St
Dahlonega, GA 30533


HIGHLIGHTS

  • Turnkey Historic Bed & Breakfast in Prime Downtown Location
  • Income-Generating Property with Three Separate Units
  • Zoned B-3 (SFR) in National Historic District

OVERVIEW

Dahlonega Inn on Main – Historic Bed & Breakfast Investment Opportunity Now available: The Dahlonega Inn on Main, formerly the historic Worley Homestead, a beautifully restored 1845 estate located in the heart of Dahlonega’s National Historic District. Originally built by Captain Jasper F. Worley, this rare post-Civil War property blends historic charm with modern income-producing potential. This 7-bedroom, 7-bathroom main residence operates as a boutique bed & breakfast and includes the adjacent Chestnut Cottage. The home showcases original heart pine floors, preserved 1845 wood walls, and seven fully rebuilt fireplaces. Recent upgrades include modernized electrical systems, fresh exterior and interior paint, new fascia and gutters, and a restored front porch with new wood flooring. The property also features two additional income-producing units: Chestnut Cottage: 2-bedroom, 1-bath guest house Lower-Level Apartment: 1-bedroom, 1-bath with full kitchen and private exterior entrance All three units are turnkey and actively generating income, making this an ideal opportunity for an investor, operator, or lifestyle buyer. Prime location just one block from the historic Holly Theater and two blocks from Dahlonega’s vibrant town square. Directly across from the University of North Georgia’s iconic Price Memorial Hall and within walking distance to shops, restaurants, and university facilities. Zoning: -B-3: Historical Business District – a commercial zoning classification intended for properties within the city’s National Historic District, supporting mixed uses including hospitality, professional offices, galleries, and pedestrian-oriented retail. -SFR overlay – denotes that the property is recognized as a single-family residence under zoning regulations, meaning residential use is permitted and integrated within the historic-business district context. Lot Size: Approx. 0.46 Acres Uses: Hospitality, Boutique Inn, Short-Term Rental, Event Venue, Live/Work, Residential What Makes the Dahlonega Inn Unique? -Originally built by Colonel Worley, lovingly restored with modern upgrades -Just 1 block from the historic Holly Theater and 2 blocks from the downtown square -Walking distance to the University of North Georgia (UNG) -Near filming locations of major productions, including a new Netflix series based on His & Hers by Alice Feeney -Surrounded by vineyards, hiking trails, and the Blue Ridge Mountains With Dahlonega's tourism surging year-round, and new events like Christmas in July poised to drive even more guest bookings, the Inn’s future is as vibrant as its past. Don’t miss your chance to own a legacy property in one of North Georgia’s most charming and visited destinations. Whether you’re an investor, entrepreneur, or someone who’s dreamed of owning a historic inn, opportunities like this are incredibly rare. Location Highlights: Located in the heart of Historic Downtown Dahlonega One block from the Holly Theater Two blocks from the Historic Town Square Across from University of North Georgia’s Price Memorial Hall Walking distance to restaurants, shops, and festivals Upside Opportunities: Increase occupancy with minimal expense (10% = $58,765 revenue gain) Expand presence on platforms (Airbnb, Booking.com, OTAs) Improve SEO and digital marketing (currently limited to Google/social) Develop daylight basement into additional unit Monetize outdoor spaces for small events or venue rentals

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$476 USD /SF

# OF ROOMS

10

PRICE/ROOM

$197,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dahlonega Inn on Main

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1845

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-3: Historical Business

APN/PARCEL ID

8572 / D07 049,D07-000-049-000

ASK ABOUT THIS PROPERTY

Christina BrooksBerkshire Hathaway GA Properties - GainesvilleMore Info
352-216-1361

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Christina BrooksBerkshire Hathaway GA Properties - GainesvilleMore Info
352-216-1361

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