91 Millard Farmer Ind Blvd - Restaurant FOR SALE


Newnan, GA 30263
$1,400,000 USD
678-552-5948
91 Millard Farmer Ind Blvd, Newnan, GA for Sale
$1,400,000 USD
Restaurant - FOR SALE
1/24
null | Request Cap Rate

91 Millard Farmer Ind Blvd
Newnan, GA 30263


HIGHLIGHTS

  • Turnkey operating restaurant, Strong sales and goodwill
  • Fully renovated 2018-2020
  • Full commercial kitchen, Two walk-ins, Full bar, Multiple dining areas
  • Fire sprinkler system, Vent hood/Ansul system, In-ground grease trap, Four HVAC units
  • Seats approximately 84, 50 paved parking spaces, ADA-compliant
  • Sale could include Real Estate + FF&E + Business, or Real Estate + FF&E, or Real Estate Only

OVERVIEW

Prime opportunity to acquire a fully operational restaurant property with proven sales history and established goodwill in a high-visibility Newnan location. Grayson's Steak & Seafood is an active, successful, and reputable food and beverage business operating within a 3,432 SF free-standing building on 1.2 acres, zoned PDC (Planned Development Commercial). Built in 2004 and extensively updated between 2018-2020, the facility offers a turnkey setup, including a full commercial kitchen with complete infrastructure, two walk-ins, a full bar, multiple dining areas, and seating for approximately 84 guests. The sale includes the real estate, the ongoing business, furniture, fixtures, equipment, and small wares, with the flexibility for buyers who may prefer to acquire only the real estate and FF&E. Additional features include 50 paved parking spaces, ADA-compliant entrances and restrooms, a fire sprinkler system, vent hood/Ansul system, in-ground grease trap, and four HVAC units. Positioned on Millard Farmer Industrial Blvd, the site offers direct state highway access and strong visibility, ideal for continued restaurant operations or other permitted commercial uses. Offered at $1,400,000 for the full package (real estate + FF&E + business), or $1,200,000 for real estate + FF&E, or $1,050,000 for real estate only.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

51,096 SF

ZONING

PDC

APN/PARCEL ID

N57-A-612

ASK ABOUT THIS PROPERTY

Margaret AkinsLindsey's Realtors Inc.More Info
678-552-5948

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Margaret AkinsLindsey's Realtors Inc.More Info
678-552-5948

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