731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
731 Progress RD, Ellijay, GA 30540
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Cherie Edmunds Sullivan

Cherie Edmunds Sullivan

+1(770) 906-7036
$ 600,000
Est. payment | /mo

9,624 SqFt

Save
$ 600,000
Est. payment | /mo
Save

9,624 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,624 sqft

Price per Sqft $62

Subdivision No Subdivision

MLS Listing ID 7741859

Construction Status Resale

HOA Y/N No

Year Built 2009

Annual Tax Amount $2,299

Tax Year 2025

Lot Size 1.350 Acres

Acres 1.35

Property Sub-Type Mixed Use

Source First Multiple Listing Service

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

Lake Name None

Rooms

Other Rooms Storage - Other

Basement None

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Concrete

Equipment None

Window Features Storm Window(s)

Exterior

Parking Features Parking Lot

Fence Chain Link

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Metal

Street Surface Paved

Accessibility Accessible Doors, Accessible Entrance

Handicap Access Accessible Doors, Accessible Entrance

Total Parking Spaces 20

Private Pool false

Building

Lot Description Level, Private

Story One

Foundation Slab

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Aluminum Siding

Construction Status Resale

Others

Senior Community no

Tax ID 3067 015F

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

First Multiple Listing Service(FMLS)
Listed by RE/MAX Town And Country

Nearby School & Business

Cherie Edmunds Sullivan
Cherie Edmunds Sullivan

Agent | License ID: 262659

+1(770) 906-7036 | [email protected]

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