601 Oak Street Parcel A
Eatonton, Georgia
Offered
at $450,000
Now $370,000!
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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.
This is Parcel A of three parcels of commercial property on Highway 441 in the City Limits of Eatonton, Georgia. This parcel consists of *1.54 +/- acres, approximately 286 ft. +/- frontage on U.S. Highway 441, a major thoroughfare south from Eatonton. The parcel contains two buildings with warehouse space and some office/retail. Building 17 has total of 14,400 sf of which approx. 600 sq. ft. is office; the remaining space is warehouse.
The second building in Parcel A. is Building 15 which is 49 x 145 ft, 7,105 sf consisting of approx. 5,185+/- sf of open warehouse; approx. 220 sq. ft.+/- warehouse office space; and 1,700+/- sf of retail space located in the front of the building, fronting on Highway 441, as shown in the first picture above.
Parcel A. also includes 40 monthly rental mini warehouses at the northern corner of the parcel offering sizes of 5x10 ft., 10x10 ft., 10x15 ft., and 20x20 ft. Currently approx. 90 % rented, the warehouses are always in high demand.
*Site Plan
*Subdivision and parcel sizes subject to final approval by Putnam Co. Building and Zoning.
For More Details
on this Commercial Opportunity
Call Jim Hudson
LakeOconee.com Realty
800-992-1950
706-453-0110
email: jim@lakeoconee.com