Back to Results | Currently Viewing - MLS Number: 20749 A (Active)
List Price: $4,500,000
Street #: 1750
Address: Peterson Ave S.
Main Area: Coffee County
Property Type: Commercial
Apx Total Acreage: 4.25
# Units: 2
# Floors: 2
Apx Building SqFt: 52734
Apx Year Built: 1979
Directions: From TPR, head SW on Jackson St.; Continue on GA-15 S/GA-29 S for 5.8 miles; Turn right onto Lyons Center Rd; travel 5.9 miles; When in Alston, turn left onto GA-135 S, and continue on GA-135 S for 46.9 miles; Turn left onto Bowens ill Rd SE and travel 2.6 miles; Turn left onto Peterson Ave S; Econo Lodge will be on your left.
Public Remarks: Commercial property in a fastly growing, high traffic area of Douglas, GA; Sitting on 4.25 acres, this commercial location has a combined total sq ft of 52, 734, which includes a large front lobby, breakfast/dining area, and a 150-person banquet hall! New roof in process on front building; nice pool and well manicured center courtyard. Douglas is a hot market, and in this same vicinity as the hotel, a new Publix is being built as well as a new bank, and a fully occupied new strip mall was recently completed! City of Douglas and Coffee County is a Tier 1 for tax incentives: Federal Opportunity Zones, HUBZone, and New Market Tax Credit potential. The owner will sell both Douglas hotel and Vidalia hotel (See MLS #20682) for combined price of $5M. Make an appointment today!!
Listing Office: Tom Peterson, Inc Realtors (#:123)
Listing Agent: Brenda Hadden (#:26)