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FOOD · For Sale

2017 Memorial DR, Waycross Active

1 view · 1 this week

Asking price
$995,000
Price / SF
$642.76
Cap rate
—
Sale type
—
Property type
FOOD
Property subtype
FOOD
Building class
—
Building size
1,548 sq ft
Year built
2012
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
0.84 acres
Zoning
Commercial
Frontage
—
Listing #
EN-45294
MLS #
10886410

HIGH-VISIBILITY COMMERCIAL OPPORTUNITY on Memorial Drive! This offering includes FOUR PARCELS totaling approximately 0.84 acres, including a 1,548 sq ft QSR restaurant building that is currently leased and producing rental income. With approximately 230 feet of road frontage and a daily traffic count of approximately 15,000 vehicles, this property offers outstanding exposure along a well-traveled commercial corridor. The combination of an established, income-producing restaurant and three additional parcels creates an opportunity for investors, developers, or business owners looking for both current income and future growth potential. The additional land provides flexibility for expansion, redevelopment, additional commercial uses, or a larger overall footprint, subject to applicable zoning and approvals. Need even more room? Additional adjoining land is available and may be purchased separately--contact the listing agent for details. With strong visibility, substantial frontage, existing rental income, and multiple parcels included in the sale, 2017 Memorial Drive presents an opportunity to secure a significant commercial footprint in a high-traffic location. See also 155 Jacksonville Avenue for additional acreage.

Location

GAMLS
Listed by Southern Classic Realtors
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10886410

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