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Eatonton Square Live/Work - Office/Medical 204 S Jefferson Ave

3,642 SF Vacant Office Building Eatonton, GA 31024 $623,665 CAD ($171 CAD/SF)

Investment Highlights

  • Live and work one block off Eatonton’s Courthouse Square.
  • 2-story carriage house offers potential for studio, retail annex, in-law or teenager suite.
  • Fronting Georgia's Antebellum Trail just steps from restaurants, shops, places of worship and four museums.
  • 1920s brick Hollywood-style Tudor features five fireplaces and a spacious floor plan.
  • Barrel-vaulted ceilings, Arts and Crafts fireplaces, French doors, and original chandeliers.

Executive Summary

Live and work one block off the Courthouse Square in this spectacular location in the heart of Eatonton!! This 1920s brick Hollywood-style Tudor features five fireplaces and a spacious floor plan adaptable for different uses. A separate carriage house offers even more possibilities! Most recently used as a home, this light-filled dwelling has housed businesses, including a law firm, employment agency, and dress shop. The stunning living room and dining room feature barrel-vaulted ceilings, Arts and Crafts fireplaces, French doors, and original chandeliers making them dramatic and memorable as living or commercial spaces. A charming breakfast room features a built-in china cabinet. An enclosed porch with French doors and separate entrance is great office space. Beautiful hardwood floors throughout. The hallway features a built-in floor-to-ceiling cabinet with "telephone table" for extra storage. Vintage tile in the bathroom adds to the retro vibe! One room opens to a lovely, bright sun room through double French doors with back-to-back fireplaces. There are two other rooms--one with ensuite bath. Any of the three rooms could be used as bedrooms, offices or studio spaces.
The two-story carriage house offers more flexible potential, with a kitchen, two bedrooms, two baths , living room, sunroom and office/reading room. Ideal for studio, retail annex, in-law or teenager suite. A spacious fenced backyard offers a pergola and privacy, and the interior spaces in both structures are surprisingly quiet given their proximity to the thoroughfare.
With the two dwellings, this unique property presents an amazing opportunity to capitalize on a great location near the center of Eatonton. Sitting on Georgia's Antebellum Trail, and just steps from restaurants, shops, places of worship and four museums, the property is strategically placed to benefit from the revitalization taking place in downtown Eatonton, with a new 52-room boutique hotel slated to open in early 2025. There's plenty of frontage for generous signage and high visibility near a prominent corner of the square. And all of this is just minutes from the boating, golf, recreation and fine dining at Lake Oconee.

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $71,317 $19.58
Other Income - -
Vacancy Loss - -
Effective Gross Income $71,317 $19.58
Taxes $2,209 $0.61
Operating Expenses $3,396 $0.93
Total Expenses $5,605 $1.54
Net Operating Income $65,712 $18.04

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $71,317
Annual Per SF $19.58
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $71,317
Annual Per SF $19.58
Taxes (CAD)
Annual $2,209
Annual Per SF $0.61
Operating Expenses (CAD)
Annual $3,396
Annual Per SF $0.93
Total Expenses (CAD)
Annual $5,605
Annual Per SF $1.54
Net Operating Income (CAD)
Annual $65,712
Annual Per SF $18.04

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,642 SF
Building Class
C
Year Built/Renovated
1927/2022
Price
$623,665 CAD
Price Per SF
$171 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,642 SF
Building FAR
0.23
Land Acres
0.36 AC
Zoning
C3 - Commercial

Amenities

  • Fenced Lot
  • Listing ID: 34026822

  • Date on Market: 2024-11-28

  • Last Updated:

  • Address: 204 S Jefferson Ave, Eatonton, GA 31024

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