ENHOUZBusiness Marketplace
FOOD

91 Millard Farmer Industrial BLVD, Newnan Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$1,400,000
Price / SF
$407.93
Cap rate
Sale type
Property type
FOOD
Property subtype
FOOD
Building class
Building size
3,432 sq ft
Year built
2004
NOI
Tenancy
Building height
Building FAR
Lot size
1.20 acres
Zoning
PDC (Planned Development Commercial)
Frontage
220 ft
Listing #
EN-4799
MLS #
10620330

Prime opportunity to acquire a fully operational restaurant property with proven sales history and established goodwill in a high-visibility Newnan location. Grayson's Steak & Seafood is an active, successful, and reputable food and beverage business operating within a 3,432 SF free-standing building on 1.2 acres, zoned PDC (Planned Development Commercial). Built in 2004 and extensively updated between 2018-2020, the facility offers a turnkey setup, including a full commercial kitchen with complete infrastructure, two walk-ins, a full bar, multiple dining areas, and seating for approximately 84 guests. The sale includes the real estate, the ongoing business, furniture, fixtures, equipment, and small wares, with the flexibility for buyers who may prefer to acquire only the real estate and FF&E. Additional features include 50 paved parking spaces, ADA-compliant entrances and restrooms, a fire sprinkler system, vent hood/Ansul system, in-ground grease trap, and four HVAC units. Positioned on Millard Farmer Industrial Blvd, the site offers direct state highway access and strong visibility, ideal for continued restaurant operations or other permitted commercial uses. Offered at $1,400,000 for the full package (real estate + FF&E + business), or $1,200,000 for real estate + FF&E, or $1,050,000 for real estate only.

Location

GAMLS
Listed by Lindsey's Inc., Realtors
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10620330

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