Commercial Sale - Valdosta, GA
Unbeatable location & undeniable visibility for this corner lot/bldg in the center of growing mid-town Valdosta. Formerly a drive up motel converted years ago into individual offices varying by size. Very well maintained. Several long-term tenants (short leases) provide current $40,500/yr gross with only 50% occupancy. Buy for interim income now & hold for later resale or redevelopment. Market momentum in mid-town is growing with new development coming including a strong local bank, national Gas/C-store, & other deals pending. N Ashley (aka US Hwy 41) is the main north-south corridor here with 18,390/day traffic in 2012. Adjacent property (0.91 acre) at 1607 N Ashley also for sale to provide up to 1.67 acres combined for tremendous new corner site. Plat attached in Documents.
Would you like more information regarding this property?
Please call (229) 245-1328.
Data Provided by:
South Georgia MLS