404 N 5th Ave
Manchester, GA 31816

$850,000 USD

Freestanding For Sale • 7,000 SF

Property Details

Property Type Freestanding
Total Building Size 7,000 SF
Lot Size 0.89 AC
Building Class B
Year Built 2003
Tenancy Single
Zoning 001

0 Transit Score

49 Walk Score

                
                    Highlights
                
                                Recent Lease Renewal: Tenant recently extended the lease through December 31, 2036, showing long term commitment to this established location.
                            
                                Stable Cash Flow: Tenant pays $60,000 annually, with no Landlord responsibility to taxes, insurance, and CAM.
                            
                                Below Replacement Cost: Priced well below current replacement cost, offering an attractive entry point.
                            
                                Recent Improvements: Parking lot was re-sealed and re-striped in 2023. Full work up of HVAC unit in 2022,  and a new roof in 2017.
                            
                                20+ Year Operating History: This store has operated successfully for over two decades, demonstrating strong performance and long term commitment.
                            
                                Proximity to Key Roadways: Minutes from U.S. Highway 80, providing connectivity to Columbus and regional traffic flow.