731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
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$589,000
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9,624 SqFt
Active Under Contract

731 Progress RD Ellijay, GA 30540

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Nicole Van Den Bergh

Nicole Van Den Bergh

+1(770) 283-1223

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Industrial,Mixed Use,Office,Retail,Warehouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,624 sqft

Price per Sqft $61

Subdivision No Subdivision

MLS Listing ID 10720773

HOA Y/N No

Year Built 2009

Annual Tax Amount $2,194

Tax Year 25

Lot Size 1.350 Acres

Acres 1.35

Lot Dimensions 1.35

Property Sub-Type Commercial,Industrial,Mixed Use,Office,Retail,Warehouse

Source Georgia MLS 2

Property Description

Prime Income-Producing Commercial Property - 3 Buildings, 4 Tenants, High-Traffic Gilmer County Location! Exceptional investment opportunity in the center of Gilmer County's bustling commercial corridor, this fully occupied 1.35-acre property features three buildings totaling 9,624 sq ft, including two attached structures and four established tenants delivering immediate, dependable revenue. Building 1 (Brown Building) offers 4,800 sq ft of storage/warehouse space built in 1995 (effective 2001), featuring 16' wall height, a 3,600 sq ft main area, a 1,200 sq ft enclosed canopy, and an additional 800 sq ft utility room. Building 2 (Blue Building) is an 880 sq ft service garage built in 2005 (effective 2009) with 14' wall height and two canopies (912 sq ft and 160 sq ft). Building 3 (Red and Green Buildings), attached to Building 2, provides 3,140 sq ft built in 2004 (effective 2009) with 14' wall height and three canopies (75 sq ft, 120 sq ft, and 120 sq ft). The property is ideally situated near Walmart, Lowe's, major restaurants, and medical facilities, and sits directly across from a planned new commercial development, further enhancing its long-term value in this rapidly growing North Georgia area. Designed for ease of ownership, the buildings are well maintained and require minimal upkeep, making this a low-management asset with consistent returns. Tenants pay their own utilities, keeping operating expenses low, with estimated water costs of $80-$85/month, and insurance and property taxes approximately $2,500/year each. The site is equipped with power, water, septic, and internet, is zoned C1, and offers additional upside through rental increases, paid parking potential, expansion opportunities, and future development possibilities-including nearby proposed apartments and a Publix across the road.

Location

State GA

County Gilmer

Zoning C1

Rooms

Bedroom Description No

Interior

Heating Electric, Other

Cooling Central Air, Other

Flooring Concrete

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 20.0

Utilities Available Electricity Available, Water Available

View Y/N No

Roof Type Metal

Total Parking Spaces 20

Garage No

Private Pool No

Building

Lot Description Level

Faces From Wal-Mart in Ellijay, head North on 515. In 0.4 miles turn left across the highway onto Coosawattee Drive. Go down the hill to the stop sign. Turn left. In 0.3 miles turn left onto the property.

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction No

Others

Tax ID 3067 015F

Special Listing Condition Resale

Georgia MLS - GAMLS
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Nicole Van Den Bergh

Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

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731 Progress RD

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