Downtown Fort Gaines Retail | Opportunity Zone | 8,768 SF
104 Hancock Street, Fort Gaines, GA 39851Sale Type
Live Bid
Starting Bid
$300,000
- Property Type
- Retail
- Year Built
- 1987
- Square Feet
- 8,767
Sale Type
Live Bid
Starting Bid
$300,000
- 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