488 W GA Highway 49 - Convenience Store FOR SALE
Milledgeville, GA 31061 |
$2,600,000 USD
470-401-0205
488 W GA Highway 49
Milledgeville, GA 31061
HIGHLIGHTS
- 488 W GA Highway 49 is an approximately 3,910-square-foot gas station and convenience store with two flexible outbuildings on 3.04 acres.
- Fully remodeled property after rebranding to Texaco with four fuel pump positions, mitigating future capital expenditures for new buyers.
- Value-add opportunities include utilizing the open COAM license and repositioning the outbuildings and/or expanding on the vacant land.
- Strategically positioned in an affluent node with an average annual household income of $100,121 reported within a 2-mile radius.
OVERVIEW
488 W GA Highway 49 property has been completely remodeled and rebranded as Texaco, which has a fuel contract with Amazing Energy Solutions. There are ample value-add opportunities new buyers can enact, including reusing or converting the existing outbuildings, expanded construction on the excess land, and securing the open Coin Operated Amusement Machines (COAM) license.
FOR SALE DETAILS
PRICE
$2,600,000 USD
PRICE/SF
$665 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.04 AC
LAND SF
132,422 SF
ZONING
None
APN/PARCEL ID
038-048-BO1
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470-401-0205
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Please correct the highlighted field(s).
470-401-0205
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