500 E Main St

Baths
25,500 Sq. Ft.
$75 / Sq. Ft.
25,500
Sq. Ft.
$75
per Sq. Ft.

Description

This parcel is in the heart of Old Town Blue Ridge, a prospering tourist, vacation, and permanent resident town in N Ga. The building features 3 floors, the 1st & 2nd being retail commercial, and the 3rd being luxury office and residential condos. The parcel has frontage on both E Main and E 1st Streets, and new construction is being done across the street from this buidling. Local management of the property makes this parcel a truely passivie investment, with good returns.This parcel is in the heart of Old Town Blue Ridge, a prospering tourist, vacation, and permanent resident town in N Ga. The building features 3 floors, the 1st & 2nd being retail commercial, and the 3rd being luxury office and residential condos. The parcel has frontage on both E Main and E 1st Streets, and new construction is being done across the street from this buidling. Local management of the property makes this parcel a truely passivie investment, with good returns.
  1. Listed by David Stovall • NORTON AGENCY
  2. Listed by Kim Waters

Property Details for 500 East Main Street

Num Of Parking Spaces
18
Property Attached
No
LISTING CLOSED: 06/28/2013 12:00 AM

Property Details for 500 East Main Street

StatusClosed
MLS #5073976
Days on Market177
Taxes$9,288 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built2008
Lot Size0.37 AC / 16,117 SF
CountyFannin County

Location

Listing Courtesy of NORTON AGENCY, David Stovall

Sold By NORTON AGENCY, Stephen Lovett

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Building Information for 500 East Main Street

Stories3Residences-Year Built2008Lot Size0.37 AC / 16,117 SF

Payment Calculator

$10,342 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,568

Property Taxes

$774

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 500 East Main Street

Summary
Location and General Information
  • Directions: From McDonalds at US 5/15 in Blue Ridge, Proceed W on Mountain Street. At ~0.2 mi., turn left to stay on Mountain Street. At ~0.2 mi., R onto E Main Street. Property is brick three story on L with metal gable porch.
  • Lake Name: None
  • Recommended Zoning: Commercial
  • View: Other
  • Coordinates: -84.322495, 34.868016
Taxes and HOA Information
  • Parcel Number: 500EMainST
  • Tax Year: 2011
  • Block: 0
  • Tax Lot: 11-13
Parking
  • Carport or Garage: 0
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Basement: Daylight, Exterior Entry, Finished
  • Flooring: Concrete, Hardwood, Other
  • Interior Features: Other
  • Levels/Stories: Three Or More
  • Other Equipment: Passenger Elevator, Fixtures
  • Window Features: Insulated Windows
Exterior Features
  • Accessibility Features: Accessible Elevator Installed, Accessible Full Bath, Accessible Hallway(s)
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Loading Desc: None
  • Patio And Porch Features: None
  • Road Surface Type: Paved
  • Roof Type: Flat, Metal
  • Security Features: Fire Alarm, Fire Sprinkler System, Security System Owned
  • Other Structures: None
Property
Utilities
  • Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Water Available
Property and Assessments
  • Assumable: No
  • Business Type: Food & Beverage, Residential, Retail
  • Proposed Financing: Cash, Owner May Carry, Other
  • Plat Book: 2
  • Plat Page: 161
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Windows
Lot Information
  • Section/GMD: 2
  • Square Footage: 25500.0
  • Land lot: 278
  • Lot Features: Curbs & Gutters, Level, Shopping Center, Sidewalk, Street Lights, Other
  • # Of Buildings: 1.0
  • Lot Size Dimensions: 147 x 117
  • Waterfront Footage: 0.0
  • Current Zoning: C
  • Road Front Feet: 147.0
Multi Family
Multi-Family Information
  • Unit Count: 0
Income & Expenses Information
  • Gross Annual Income: $263,442.00
  • N.O.I. $: $188,594.00
  • Annual Utilities $: $21,000.00
  • Gross Expenses: $74,848.00
Rental
Rent Information
  • Terms: Conventional

Property History for 500 East Main Street

DateEvent & SourcePriceAppreciation
Jun 28, 2013

Sold (Public Record)

Public Record #1255850842

$1,920,000
Jun 28, 2013

Sold (Public Record)

Public Record #1255850841

$1,920,000

+7.2% / yr

Apr 25, 2007

Sold (Public Record)

Public Record #1255840508

$1,250,000
DateEvent & SourcePrice
06/28/2013

Sold (Public Record)

Public Record #1255850842

$1,920,000
06/28/2013

Sold (Public Record)

Public Record #1255850841

$1,920,000

+7.2% / yr

04/25/2007

Sold (Public Record)

Public Record #1255840508

$1,250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 East Main Street

Taxable ValueLand$213,275Additions$990,092Total$1,203,367
Tax Record2025$15,522 ($1,294 / month)
Home Facts
Total Finished SqFt31,885 SqFtAbove Grade Finished SqFt31,885 SqFtStories3Lot Size16,117 SqFtStyleRestaurantYear Built2008ZoningCOMMERCIALCountyFANNINAPNBR02 123Fireplace TypeHas Fireplace

Schools near 500 East Main Street

This home is within Fannin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Blue Ridge Elementary School
PublicPK to 5

Fannin County Middle School
Public6 to 8

Fannin County High School
Public9 to 12

East Fannin Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NORTON AGENCY, David Stovall

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.