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1601 Ashley St
Valdosta GA 31602 US

$345,000

Active MLS #98180
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7,944 sqft
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Lot: 1 acre
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Other

$345,000

Active MLS #98180
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1601 Ashley St 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 $42,180/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. N Ashley (aka US Hwy 41) is the main north-south corridor here with 19,000/day traffic. 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.

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Property Features

  • Facts
  • Lot Size: 0.76 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Brick Veneer
  • Roof Type: Composition Shingle
  • Heating Fuels: Electric
  • Heating Systems: Heat Pump
  • Additional Features
  • Disabled Access
  • Cable Ready
Listing Changed: 11/14/2018 3:42:10 PM GMT
Source Updated Date: 12/17/2018 4:06:36 AM GMT

Courtesy of: John Courson, FIRST COMMERCIAL REAL ESTATE

Listing Source - ListHub

Copyright © 2018 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.