ENHOUZBusiness Marketplace
Hospitality

20 & 30 Spring RD, Molena Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$685,000
Price / SF
$95.06
Cap rate
Sale type
Property type
Hospitality
Property subtype
HOTEL,OFFIC,RETAI
Building class
Building size
7,206 sq ft
Year built
1950
NOI
Tenancy
Building height
Building FAR
Lot size
0.63 acres
Zoning
Commercial
Frontage
Listing #
EN-3716
MLS #
10708316

Welcome to a unique downtown opportunity at 20 & 30 Spring Road, Molena, GA! Two quaint brick business buildings, both constructed in 1950 and full of possibilities, and a gorgeous Log home built in 1900 greets you as you enter the center of old downtown Molena. This property provides an ideal canvas for establishing a restaurant, boutique, Airbnb, or mixed-use enterprise. 30 Spring Road is a spacious area with gorgeous oak hardwood floors that is perfect for studio, office, or retail usage. The building at 20 Spring Road is ideal for a restaurant or bar because it was designed with hospitality in mind. Highlights include a large open layout, tiled bathroom, hardwood floors of pine and oak, and a kitchen equipped with stainless sinks and an electric oven/range. Upstairs, four newly remodeled guest rooms in the form of a bed and breakfast, each with a separate bathroom with a clawfoot tub and vanity. Guest changeover is made more convenient with a laundry area in the corridor that has a stainless sink, washer, and dryer. Both buildings are equipped with a large array of solar panels. Outdoor Space: Both buildings have a covered back porch that is the ideal location for alfresco dining, guest seating, or a warm waiting room with a built-in bench. Adding even more value is a charming 726 sq ft single-family home situated on a 0.51-acre lot. Built in 1900, this cozy 1-bedroom, 1-bath residence offers a family room/dining room combo, functional kitchen, and timeless character. Currently tenant-occupied, it provides immediate rental income and flexibility as a primary residence, weekend retreat, or additional investment property. 20 & 30 Spring Road is a special investment opportunity in downtown Molena because of its historic character and adaptable layout. Don't pass up the opportunity to live out your dream on this extraordinary land!

Location

GAMLS
Listed by Keller Williams Realty Atl. Partners
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10708316

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