Open Faster: Restaurant Site on GA-515 w/ Building + Expansion Land | $1.645M
This is a rare opportunity to secure a high-visibility restaurant location along GA-515 in Jasper, GA, without the time, cost, and risk of ground-up construction.
Recently appraised at $1,725,000, this property includes a ±4,350 SF building on ~3 acres, currently configured for restaurant use, with strong exposure to daily commuter and regional traffic.
For restaurant operators expanding into North Georgia, this site offers the ability to open significantly faster, secure a prime corridor location, and position your concept in a growing market with limited comparable sites. Estimated replacement cost today: $2M+ including land and buildout, which makes this an exceptional value.
Serious buyers who have evaluated development costs will recognize the long-term value of acquiring an established site in this corridor.
Based on comparable restaurant performance and industry benchmarks, this site is capable of supporting approximately $1.1M–$1.8M in annual restaurant sales, depending on concept and execution. Several existing restaurants in the Jasper market are successfully operating within this revenue range.
If you’re actively evaluating new restaurant locations or expansion opportunities in North Georgia, this site is worth a closer look.
- Call or text directly: 618-979-0047
- Or reply to this listing for additional details
SELLER IS WILLING TO CONSIDER OWNER FINANCING FOR QUALIFIED BUYERS!!!
Properties with this level of visibility and flexibility along GA-515 are limited.
PROPERTY HIGHLIGHTS
Excellent Visibility: Approximately 700 feet of prime road frontage on GA-515, one of the region’s busiest corridors.
High Traffic Count: Over 25,000 vehicles per day, offering maximum exposure.
New Construction: Built in 2024, single owner, extremely well-maintained.
City Limits Advantage: Located inside the City of Jasper where Weekly and Sunday alcohol sales are permitted.
County Statistics: Average Household Income in Pickens County is $99, 295.
Infrastructure: Property operates on City Water, Natural Gas and a private 1500 gallon septic system and is not affected by the current Jasper sewer moratorium.
Land & Layout: Spacious 3-acre parcel provides ample parking, expansion capability, outdoor use options, and easy ingress/egress due to a dedicated highway intersection.
Proximity: Just minutes from Wal-Mart Supercenter, Home Depot, and other major national retailers.
WHY THIS PROPERTY?
Unlike many properties in the Jasper market, this offering combines:
- Existing restaurant and general store buildout
- Land for future growth
- Unparalleled highway visibility
- Strong daily traffic, and
- Flexible city-permitted uses—including alcohol sales
- There is additional pad site development with multi-tenant conversion
This property presents endless opportunities for investors or owner-operators. Jasper continues to experience rapid growth, making this location ideal for long-term commercial success. Properties with this combination of visibility, acreage, and new construction are limited in the Jasper market.
Developing a comparable property today would likely exceed the purchase price when considering:
- Land acquisition along GA-515
- Site preparation and grading
- Utilities and infrastructure
- Parking lot construction
- Commercial building construction
- Permits, engineering, and impact fees
- Restaurant buildout costs
- Estimated replacement range in today’s market: $1.9M – $2.3M+
Why THIS property is worth more than typical Jasper comps.
* Currently priced below replacement cost with lower risk compared to green site construction
* Expansive acreage allows for unlimited potential
* Corridor location advantage with dedicated ingress and egress to GA-515
* Unaffected by the current Jasper sewer moratorium
* 1500-gallon grease trap at kitchen
* 1500-gallon private septic system
WHY THIS COUNTY?
- The Pickens County retail sub-market has a vacancy rate of 3.0% as of the first quarter of 2026.
- The Pickens County retail sub-market has roughly 68,000 SF of space listed as available.
- Market rents in Pickens County are $16.10/SF. Rents have changed by 3.0% year over year in Pickens County, with an annual rent growth of 3.0%.
Positioned along GA-515, the dominant commercial route through Jasper, this property captures both local traffic and regional visitors traveling through North Georgia.
This corridor continues to see:
* Residential growth
* Increased tourism traffic
* Retail and restaurant demand expansion
This location places the property within Jasper’s primary commercial activity zone but in close proximity to exclusive communities such as Bent Tree and Big Canoe.