#5000

Social Circle GA Blue Willow Inn Restaurant for Lease.

Separate Gift Shop & Office Building Available.

Fully Equipped Turnkey Restaurant.

Located at 294 N Cherokee Rd, Social Circle, GA 30025.

Tons of parking.

Blue Willow Restaurant for Lease:

Blue Willow Inn Restaurant is a two-level plus basement used for storage.

7,581/SF

Rent is $10,000 monthly.

Real Estate Taxes are $583.33 monthly.

Real estate, restaurant building and all FF&E is priced at $1,000,000.

Adjacent Freestanding Gift Shop for Lease:

1,489/SF

Rent is $3,000 monthly.

Real Estate Taxes are $250 monthly.

Office Building for Lease:

4,198/SF

Rent is $5,000 monthly.

Real Estate Taxes are $250 monthly.

About Property:

A Greek Revival mansion with antebellum decor hosts classic Southern meals served buffet style.

The subject property, as referenced above, the property is located in southern Walton County within the City of Social Circle along the southeastern side of N. Cherokee Road just northeast of the intersection with Holly Street. The subject consists of three contiguous tax parcels totaling 7.112 acres and is further identified as tax parcel numbers SC140150, SC140120, and SC140151. The subject contains a retail strip center, a Victorian-style house converted to office use, and a larger former Victorian-style house converted to a family restaurant and a gift shop. The collective improvements are known as Blue Willow Village and have a total of 37,759 square feet of net rentable area.

The total subject property consists of three components, or tracts, which area recorded as three different tax parcels and known as two street addresses; 264 N. Cherokee Road and 294 N. Cherokee Road. Tract 1, 264 N. Cherokee Road is a 0.862-acre parcel improved with a 1905 vintage, 4,198 square-foot single family home converted to an office uses. Tracts 2 and 3 are known by the street address 294 N. Cherokee Road. Tract 2 is a 2.408-acre parcel fronting along N. Cherokee Road and is improved with two structures; a two-story 7,581 square-foot restaurant building on a full basement that was originally constructed and used as a single-family home and a 1,480 square-foot retail building currently used as a gift shop. Tract 3 is a 3.842-acre tract and is situated behind Tract 2 but has frontage along N. Dogwood Road. It is improved with a retail strip shopping center with a total of 24,500 square feet in two buildings and is currently configured for occupancy by 9 tenants. The functional utility of the property is good based upon a comparison of similar properties in the market area.

The subject is a featured and regionally renowned development located in Social Circle in south Walton County. A portion of the southern part of the city extends into northern Newton County. Social Circle is a small historic community located some 40 miles east of Atlanta in the Historic Heartland section of Georgia. Social Circle has a historic district that runs between Georgia 11 and Georgia 229 which was added to the Federal Register in 1980.

The I-20 East corridor about 40 miles east of Atlanta is characterized mostly by rural areas with some industrial nodes and very small local municipalities a few to several miles off of Interstate 20.

The subject neighborhood is located in the commercial section of Social Circle. The area is suburban in nature. The neighborhood is bounded by Social Circle Parkway to the north, Social Circle Parkway to the east, East Hightower Trail to the south, and West Hightower Trail to the west.

The subject neighborhood is located in an area with a homogenous mixture of historically significant residential properties, retail, office, and institutional uses, typical of small-town corridors along the aerial roadway.

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