2023 Memorial Dr - Retail FOR SALE


Waycross, GA 31501
$1,450,000 USD
904-490-6924
2023 Memorial Dr, Waycross, GA for Sale
$1,450,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

2023 Memorial Dr
Waycross, GA 31501


HIGHLIGHTS

  • Prime visibility along Memorial Drive/US Route 1, with approximately 10,000 vehicles passing daily, ensures consistent exposure for any business.
  • Flexible multi-building layout with showroom, warehouse, mezzanine, and outdoor storage space that accommodates retail or mixed-use operations.
  • Strategic location within an Opportunity Zone offers potential tax advantages for investors and owner/users within this South Georgia community.
  • Strong national retailers and nearby hotels, such as Tractor Supply Co. and Days Inn, drive steady patron traffic and long-term investment stability.
  • Call 904-514-3665 for details.

OVERVIEW

2023 Memorial Drive in Waycross, Georgia, presents a 20,040-square-foot multi-building retail property with exceptional visibility and versatility along a primary commercial corridor. Formerly home to Eagle Pawn Outfitters, the site has prime exposure with daily traffic counts of approximately 10,000 vehicles (VPD). The property encompasses a spacious front retail store with an expansive showroom floor, a central outdoor covered and open storage area, and a rear industrial warehouse with mezzanine space. A large rear lot provides ample room for trucks, equipment, or additional open-air storage, making this space ideal for home improvement centers, equipment rental companies, furniture and appliance retailers, farm supply outlets, or other mixed-use operators. With roughly 40 dedicated parking spaces, this property effortlessly accommodates customer convenience from Memorial Drive. Excellent co-tenancy and traffic synergy are prevalent in the surrounding area, situated down the street from Tractor Supply Co. and Ollie's Bargain Outlet, adjacent to Days Inn and Comfort Suites, and just minutes from The Mall at Waycross and a Walmart Supercenter. A high-volume retail store, destination showroom, or hybrid retail-warehouse operation would be fully equipped to support a roster of commercial concepts. Between Brunswick Highway and US Route 1, and a mere five minutes from Waycross's historic downtown, 2023 Memorial Drive benefits from being in a nationally recognized Main Street City known for its Southern hospitality and small-town charm. The area offers appealing local demographics, with average household incomes of $61,235 within a 2-mile radius, and the property sits within an Opportunity Zone, offering potential tax advantages for investors or business owners. Supported by a thriving commercial corridor, this is a chance to establish or expand business in a dynamic South Georgia community.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Distribution, Food Processing, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.44 AC

LAND SF

106,286 SF

ZONING

Commercial

APN/PARCEL ID

WA2406002

ASK ABOUT THIS PROPERTY

Sasa PopovicS&J Investments JaxMore Info
904-490-6924

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Sasa PopovicS&J Investments JaxMore Info
904-490-6924

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