11281 CRAGFORD ROAD
Property Description
Historic 1913 Cragford Bank Building & General Store offering exceptional multi-use potential for commercial, residential, and retail use. The main building has been converted into three separate living quarters, each with living area, bedroom(s),kitchen, and bathroom,currently a proven vacation rental. Features include original red brick walls, concrete floors, soaring ceilings, tall doors and windows, plus updated electrical, plumbing, and appliances. A separate store building, known as Cragford Bait & Tackle, provides additional income opportunity and potential tax benefits. Store includes 3 vending machines, ice-making machine, ice freezer, 2-door cooler, 1-door freezer, refrigerated condiment dispenser, pizza oven, and display cases, serving visitors to Lake Wedowee. Property also includes a detached two-car garage and workshop with roughed-in plumbing, offering the option to convert into additional living space, studio, Maker's Space, or workspace with room for large equipment.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $210,000 |
| No. of Units: | 6 |
| Year Built: | 1913 |
| Opportunity Zone: | No |
| Price per unit: | $35,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-BHAMMLSAL-21441014
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1835 Rest Haven Lane
Mcdonough, Georgia
2418 Vineville Avenue
Macon, Georgia
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout