$1,400,000

81 Center Plaza Drive is a $1,400,000, 91,000 square foot home on a 9.51 acre lot located in Toccoa, GA.
91,000 +/- Square Feet. Easy access to this shopping center and visable from Big A Road. 220+/- parking spaces and 9.5+ Acres. The most central location in Toccoa! Prime opportunity for a shopping center to be revitalized. Neighborhood Center perfect for grocery, departments store, retail and professional services. The Post Pandemic consumer behavior strongly suggest more folks will want to shop "closer to home". Toccoa is already the hub of the mountain community for medical needs and now chasing the retail development side. Brick and Mortar stores are making a resurgence and this is naturally the best location with a vast footprint for opportunity. Access via the red light on Collins Road. **Currently this shopping center is under a ground lease that has less than two years remaining. The leasee doesn't plan to renew and is willing to end the lease at any time. The tenants remaining are Alexanders Flowers & Gifts and Beauty Supply. Electricity served by Georgia Power. Pubic Water, Sewer and Natural Gas Available. Inside City Limits of Toccoa. Seller makes no disclosure about the condition of the hvac units/roof, etc. 1000+/- feet of road frontage on Collins Road - Traffic Light at Big A Road Acreage was determined by total 9.4 acres less .84 to be sold seperatley behind the shopping center. Just information: A ground lease or land lease is a lease of the land. Generally, land leases can range from 50-99 years and allow the tenant to build on the land. In a ground lease the landowner is different from the owner of the impovements.
Interior Features | Building Features-Shopping Center |
Cooling Types | Other |
Heating Types | Central Electric |
# Parking Spaces | 220 |
Parking Types | Parking Lot Paved |
Exterior Features | Lot Features-Semi Turning Available Road Frontage Type-County Road Road Surface Type-Paved Showing Requirements-See Remarks Utilities-Cable Available Utilities-Electricity Available Utilities-High Speed Internet Utilities-Natural Gas Available Utilities-Phone Available Utilities-Sewer Available Utilities-Water Available |
Roof | Metal |
Construction Types | Aluminum Siding Block Steel Siding |
Water Source | Public |
Sewer | Public Sewer |
Property Type | Commercial Sale |
Style | Business Type-Retail Property Condition-Resale Structure Type-Retail |
Year Built | 1973 |
HOA Fee | $0.00 |
Taxes | $4,237.00 |
County | stephens |
Neighborhood | Center Plaza |
Financial Terms | Cash to Loan Special Addendum Other Homestead Exemption Plan Approval Required Installment Presently Leased |
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