1601 Ashley St , Valdosta GA 31602 US

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 ...

x
Showing 1 of 0
X

Get more info about this property

Active

1601 Ashley St
Valdosta GA 31602 US

#98192

Courtesy of: John Courson, FIRST COMMERCIAL REAL ESTATE

$395,000

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 $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.

  • Facts
  • Lot Size: 0.78 acre
  • Property Type: Lots And Land
  • Property Sub-type: Single Family Detached
  • Features
  • Roof Type: Unknown
  • Neighborhood
  • 3-S of Park Ave to E Oak St to S Hill Ave
Listing Changed: 12/29/2017 11:08:44 PM GMT
Source Updated Date: 4/20/2018 3:18:55 AM GMT

Courtesy of: John Courson, FIRST COMMERCIAL REAL ESTATE

Listing Source - ListHub

Copyright © 2017 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.