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3565 Ga Highway 85 Highway
Ellerslie, GA 31807
Mary Luhring with Maximum One Premier Realtors, original listing - (470) 400-9877
$1,275,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
Potential to Live and Work on the same property!! Prime unconditional C4 commercial investment/redevelopment opportunity. Located just north of Columbus and Fort Moore (formally known as Fort Benning), GA in the heart of Ellerslie Georgia, Harris County. Location is everything and this property is positioned on one of the busiest arterial roads where a great deal of new housing and retail development is taking place. Situated at a major signalized intersection on Highway 85, 5 minutes from Columbus, GA across from a new 130-acre Ellerslie Park, this high-volume traffic, high visibility location is positioned to be central to the high growth community. Over 680 feet of road frontage on three sides and 5 entrances to the property. The local community has been loyal to the current established business and welcomes new community business partners. There are 4.19 acres of land, this would make a great wedding venue, bed and breakfast, restaurant, retail shopping, etc. Fort Moore (formally Fort Benning) is 30 mins away, also near Waverly Hall, Talbotton, and tourist areas like Warm Springs and Pine Mountain. This location intersects with Highway 85, Highway 315, Warm Springs Rd and Harris Rd. Adjacent to the historic depot and fire station. BUILDING DESCRIPTION The 4,300 sf +/-, 1900COs farmhouse has a 2,300 sf +/- restaurant/retail space on the lower level and 1,500 of space on the upper level that has potential to build out living quarters on the upper level. There are separate rooms on the upper level ready to remodel. This property has potential to run a business and live on location. The building itself has been recently renovated to expand the kitchen space. There is ample room for outdoor seating available that can be transformed into a beautiful outdoor space for event hosting and catering with plenty of room for customers to park their cars. Alternatively, the indoor space can be used for hosting smaller events or meetings. Whether you're looking to open a new restaurant or expand your retail business, this location offers endless potential for success. This property offers endless potential to redevelop for your commercial needs or create your own live/ work opportunity allowing you to build your dream business by combining the business and residence. BUSINESS OPTIONS Beer and Wine License is transferable with approved application. The ready-to-go commercial space includes a 1,000-gallon grease trap, 1,500 gallon septic, 2 -1,500 aerobic treatment units, 400 ft drain line, and a 400 + amp electrical service, separate brick smokehouse with built-in bricked open pit grill and chimney. Newer kitchen addition is wired with shunt breakers. There is an optional vent hood system with exhaust, make up air and fire suppression system, an Ole Hickory Rotisserie Smoker, and 20 ft portable smoker, commercial kitchen equipment, refrigeration, freezers, icemaker, washing station, prep tables, heat and hold, Hobart buffalo chopper, 9-gallon steam kettle, meat slicer, Star grill press, 40 pound gas fryer, steam table, microwave, cooking utensils, dishes, dining room seating. Restaurant equipment and furnishings can be purchased for $75,000 with full price offer. KEY FEATURES 1. Prime location across from the newly opened Ellerslie Park 2. Highly traveled highway location with local and out-of-town travelers 3. unconditional C4 Commercial with multipurpose uses: restaurant, retail, events, catering services, storage facility, gas station and more 4. 4.19 prime located acres with abundant outdoor seating 5. Attractive event space 6. Exceptional visibility with 680 feet of road frontage on three sides and 5 entrances to the property allows maximum exposure and access to passing traffic and ample parking 7. Optional Restaurant equipment and optional BBQ business available to purchase Restaurant Business and business equipment not included in sales price but available for purchase
Property Information
Lot Size
4 acre(s) square ft
Property Type
Commercial Sale-Other
Year Built
1940
MLS Number
--
Location
Address
3565 Ga Highway 85 Highway
City
Ellerslie
State
GA
Zip Code
31807
County
HARRIS
Listing
Provider
Maximum One Premier Realtors, original listing
Name
Phone
(470) 400-9877
Office Name
Office Phone
(470) 400-9877
Agent Name
Mary Luhring
Agency Phone
(470) 400-9877

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.