601 Oak Street Parcel C

Eatonton, GA

Offered at $250,000

Now $200,000!!

                As of February 10, 2010, this entire industrial site, Parcels A, B, and C, is located in the Opportunity Zone Tax Credit area for downtown Eatonton, GA.  Under the Opportunity Zone program, any business that creates and maintains a minimum of two (2) fulltime jobs may claim a $3,500 tax credit per job for as long as the job is maintained up to five years. This credit may be claimed against 100% of the business's Georgia Income Tax liability with the possibility of claiming excess credit against withholding taxes.  For more information contact the listing agent, the City of Eatonton, or Nick Kouloungis at the Middle Georgia Regional Commission by phone at (478)751-6160 or by email nkouloungis@mg-rc.org.

            Located just south of Parcel B, Parcel C also is an approx. *1.5+/- ac. site with approx. 250+/- ft. of U.S. Highway 441 frontage.  There is a common entrance from Hwy. 441 between Parcels B and C:

*Subdivision and lot sizes are subject to final approval by Putnam Co. Building and Zoning.

                    There are 4 remaining buildings on Parcel C totaling 24,660+/- sf.  The building with the largest space and in the best condition is Building 22 which contains 14,400+/- sf.  All buildings were previously used in the manufacturing operations:

                    Parcel C is located adjacent to a shopping center site which contains an unoccupied grocery store facility, an active CVS Drug Store, and a Dollar Store.

For More Information

Call Jim Hudson

LakeOconee.com Realty

Ofc 800-992-1950  Local 706-453-0110

Cell  706-453-6253

email: jim@lakeoconee.com