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Commercial Property

8111 Main ST, Ray City Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$199,900
Price / SF
$41.65
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
4,800 sq ft
Year built
1977
NOI
Tenancy
Building height
Building FAR
Lot size
0.23 acres
Zoning
GC
Frontage
Listing #
EN-2361
MLS #
10591115

Former supermarket with high visibility located in Ray City. It's still the perfect spot for a new supermarket as the only competition would be the dollar store. This spot building has 4800 ft.2 and it's laid out in a typical supermarket fashion with a large open area. More than 12 shelving units that create isles are included in the sale. There's a small office, a cashier/checkout station, two walk-in freezers, and two bathrooms. There are more than 20 parking spots available with easy access to the parking lot right from State Highway 37. Additional parking is also available to the left in a city parking lot. The former supermarket was in business for years before health issues caused the owner to retire. Ray City is a growing tight knit community that supports local businesses. It's currently going through a Revitalization and is ready for a new market.

Location

GAMLS
Listed by Southern Classic Realtors
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10591115

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