235 Cedric St - Office/Residential FOR SALE


Leesburg, GA 31763
$675,000 USD
229-364-4086
235 Cedric St, Leesburg, GA for Sale
$675,000 USD
Office/Residential - FOR SALE
1/38
null | Request Cap Rate

235 Cedric St
Leesburg, GA 31763


HIGHLIGHTS

  • • Iconic 1860 historic estate with preserved Southern architectural character
  • • Over 4,300 square feet on nearly one acre
  • • Zoned C-2 General Commercial — rare flexibility for income and business use
  • • Producing $5,100/month in current furnished rental income
  • • Expansion potential to 6–7 suites with projected income near $7,000/month
  • • Offered fully furnished — immediate turnkey opportunity

OVERVIEW

Commanding in presence, steeped in history, and brimming with charm, The Cedric House stands as a grand 1860 estate- an enduring symbol of Southern architecture, grace, and hospitality. Once part of a grand 655-acre plantation, this landmark holds generations of stories in its walls, and it’s a story still being told. Thoughtfully restored to honor its heritage while embracing modern function, this remarkable property offers over 4,300 square feet of refined space on nearly an acre, zoned C-2 General Commercial for unmatched flexibility and income potential. Every inch of The Cedric House tells a story of craftsmanship and care. Towering ceilings, intricate crown moldings, original hardwood floors, and elegant fireplaces showcase the home’s stately design, while thoughtful updates bring modern comfort to its timeless appeal. Walls of windows and tall French doors flood the home with natural light, accentuating every architectural detail. Currently configured with three beautifully appointed, fully furnished suites, each featuring a private entrance, sitting room, bedroom, and full bath, the property produces $5,100 in monthly income. The existing layout offers an exceptional opportunity to expand—the rooms could easily be divided to create up to six or seven individual suites, increasing the potential gross revenue to approximately $7,000 per month. A hidden office tucked behind a paneled wall adds a touch of intrigue and versatility, perfect for on-site management or conversion into an additional rentable unit. Offered fully furnished at the asking price, this property is truly turnkey. Perfectly positioned just off Highway 19, The Cedric House benefits from exceptional visibility and direct access along one of Southwest Georgia’s fastest-growing commercial corridors. Highway 19 continues to attract new retail, medical, and mixed-use development, connecting Leesburg seamlessly with Albany and surrounding markets. With rising traffic counts, infrastructure investment, and new construction nearby, this location is at the center of expansion—offering both immediate returns and long-term appreciation. Its proximity to Phoebe Putney Memorial Hospital, Lee County’s award-winning schools, major employers, and new residential growth ensures consistent demand from professionals, travelers, and tenants alike. For investors and visionaries, The Cedric House represents the perfect harmony of history, elegance, and opportunity. With its C-2 zoning and adaptable layout, it offers endless potential—continue its success as a furnished executive rental hub for traveling professionals, or reimagine it as a bed-and-breakfast, boutique inn, medical or legal office, senior living residence, salon, coworking studio, elegant event venue, or antique market with individual vendor booths. Majestic, profitable, and irreplaceable, The Cedric House is more than a property—it’s a legacy. A stately cornerstone of Leesburg’s past, and a brilliant investment in its future. Offered fully furnished at: $700,000 {Showing by appointment only} Contact: Morgan Layfield: 229-900-7900 Miranda Phillips: 229-364-4086 RE/MAX of Albany: 229-434-1600

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1860

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

Commercial

APN/PARCEL ID

040D-017

ASK ABOUT THIS PROPERTY

Miranda PhillipsRE/MAX of AlbanyMore Info
229-364-4086

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Miranda PhillipsRE/MAX of AlbanyMore Info
229-364-4086

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