205 S Center St - Storefront FOR SALE


Thomaston, GA 30286
$600,000 USD
404-477-8168
205 S Center St, Thomaston, GA for Sale
$600,000 USD
Storefront - FOR SALE
1/1
null | Request Cap Rate

205 S Center St
Thomaston, GA 30286


HIGHLIGHTS

  • Great opportunity for local up-and-coming or established entrepreneurs with business ownership interest in historic downtown area
  • Truly a turnkey business opportunity with current ownership investing +$100K for renovations and equipment
  • Popular dining/ bar option in the well-located area of downtown Thomaston, receiving a 4.8/5 score per Google & Facebook reviews
  • Instantly generate $21K in monthly income via seamless hand-off for steady cash flow across hold period
  • Buyers may qualify for 100% Bonus Depreciation and SBA 7(a) Loan

OVERVIEW

Marcus and Millichap is pleased to exclusively offer to qualified investors the opportunity to acquire Pool Room Cafe (the “Business” or “Asset”), a turnkey restaurant investment located in Downtown Thomaston, Upson County. The Business has strong demand, with operational income averaging $21,000 monthly. The Asset is minutes away from US Hwy. 19, an active thoroughfare with 22,039 AADT, in a region set for growth and transformation with +$1 Billion in planned projects including the Brightmark Plastic Recycling Facility, set to complete by 2027. Pool Room Cafe will provide investors the opportunity to create significant and immediate value by serving as a true turnkey restaurant with steady income from a well-established customer base. Current ownership is open to assisting buyers with training and setup for a seamless transition.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pool Room Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

DT - Downtown Commercial

APN/PARCEL ID

T23-211

ASK ABOUT THIS PROPERTY

Curtis EdgarMarcus & MillichapMore Info
404-477-8168

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Curtis EdgarMarcus & MillichapMore Info
404-477-8168

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