308 Mary St

Investment Highlights

Executive Summary

Welcome to 308 Mary Street, a prime commercial property in Waycross, Georgia. Spanning 24,500 square feet, this building hosts two established tenants: The Crest Cafe & Wiley?s Top Shelf (Includes 409 Alice Street). With over 12,000 Square feet of available space upstairs, there?s ample opportunity for a new rental capture and value-add opportunities. Currently generating $6000 per month in rent, this property offers an excellent investment opportunity in Waycross. This property connects on three roadways; Mary Street, Lott Street and Alice Street ensuring convenient accessibility for tenants and customers alike. Call today for more information!

• Sale Type    Investment
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    24,500
• Year Built/Renovated    1912/2023
• Price    650,000
• Price Per SF    27
• Percent Leased    100
• Building Height    2 Stories
• Building FAR    1.87
• Land Acres    0.30 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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