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$156,000 NOI | Owner/Operator Grocery Store | Downtown Fort Gaines

104 Hancock Street, Fort Gaines, GA 39851

Sale Type

Live Bid

Starting Bid

$100,000

Property Type
Retail
Year Built
1987
Square Feet
8,767
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Sale Type

Live Bid

Starting Bid

$100,000

Property Type
Retail
Year Built
1987
Square Feet
8,767

Overview

Facts

Located in the heart of downtown Fort Gaines, the county seat of Clay County, this property at 104 Hancock Street is a freestanding commercial asset positioned on a prominent local corridor serving the surrounding community. The site is improved with a single-story commercial building that has historically operated as a neighborhood grocery and retail store, serving as a daily-use destination for residents and visitors alike. With existing commercial improvements in place and a parcel configuration well-suited for continued retail or service-oriented use, the property presents flexibility for an owner-user or investor seeking a stabilized small-market asset. The site’s established history as a retail location reinforces its role as a community-serving commercial property. [loopnet.com]

  • Established Income-Generating Retail Asset – Freestanding commercial building historically operated as a grocery and neighborhood retail store, demonstrating long-term viability and embedded local demand in a supply-constrained rural market
  • Strategic County Seat Location – Located in downtown Fort Gaines, the county seat of Clay County, providing built-in traffic from residents, government activity, and surrounding rural trade areas.
  • Regional Draw and Recreational Influence – Proximity to Lake Walter F. George and the Chattahoochee River supports seasonal visitation tied to hunting, fishing, and outdoor recreation, diversifying the demand base beyond local residents.
  • Opportunity Zone Designation – Property is located within a designated Opportunity Zone, offering potential tax advantages for qualifying investors seeking long-term capital appreciation and deferment benefits.
  • Flexible Exit and Re-Tenanting Profile – Single-tenant, freestanding configuration on a defined parcel (APN: F06-054) supports continued retail use, alternative commercial concepts, or owner-user repositioning with limited competitive inventory in the immediate market.
Asset Type
3 Star Retail · Retail
Year Built
1987
Building Class
C
Building Size
8,767 SF
Lot Size
0.65 AC
Parcel
F06-054

Listing Broker

  • Angie SarrisBull RealtyGA license #: 375706

Transaction Fee

Buyer shall pay a fee of 2.0% of the gross sales price of the Property.

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