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FOOD · For Sale

18756 Highway 85, Gay Active

1 view · 1 this week

Asking price
$7,500,000
Price / SF
$554.24
Cap rate
Sale type
Property type
FOOD
Property subtype
FOOD,RETAI
Building class
Building size
13,532 sq ft
Year built
1911
NOI
Tenancy
Building height
Building FAR
Lot size
36.00 acres
Zoning
002
Frontage
Listing #
EN-21387
MLS #
10848646

A truly irreplaceable investment opportunity, this extraordinary offering includes a controlling ownership interest in the majority of the historic Town of Gay, Georgia. Encompassing approximately 60+/- acres and 17 buildings, the portfolio features a rare blend of commercial, residential, agricultural, timberland, and hospitality assets, all located less than 50 minutes from Atlanta. The property is anchored by two established, revenue-generating businesses with exceptional brand recognition: Towerhouse Farm & Brewery, a thriving craft brewery and taproom, and the nationally recognized Gay Cotton Fair, a celebrated semi-annual festival attracting approximately 60,000 visitors annually. Additional income streams include residential rentals, lodging and event venues, film production, EV charging, and agricultural and timber operations, with potential tax advantages through conservation easements and agricultural programs. Steeped in 19th-century charm, the preserved Town of Gay offers an authentic historic setting with original storefronts, walkable streets, and a growing tourism economy. With multiple stabilized income sources, significant expansion potential, and future upside through additional event programming and brewery distribution opportunities, this one-of-a-kind legacy property presents an unmatched opportunity to own one of Georgia's most distinctive mixed-use destinations. Per the survey, this commercial listing consists of Tracts 2, 3, 5, 6, and 7. This commercial listing is being sold in combination with MLS #7831744, a separate land/lot listing consisting of approximately 24+/- acres. Combined, the two listings encompass approximately 60+/- acres.

Location

GAMLS
Listed by Ansley RE | Christie's Int'l RE
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10848646

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