1918 Southern Brick Mansion With Detached Rental Units

$ 895000.00

Description

Beautiful Historic 1918 Property With Unlimited Potential ! Not many properties have the potential of this property. B&B, Fine Dining Restaurant, Doctor’s Offices (close to new Lavonia Hospital to open soon), Retirement Facility, or live in this beautiful home as we have and enjoy the grace and elegance of a southern mansion, while having rental income of $500. from each of the adjacent 16 rental units per month. This is a turn-key sale for an operating business that includes real estate and improvements, inventory, wifi equipment, rental and wedding contracts, website that has front page search engine listings for lodging and weddings; www.southern-oaks-inn-weddings.com This beautiful corner property has 1.78 acres, shaded by large oaks, in the city limits of historic Lavonia, Georgia. The main house has 5000 sq ft of updated southern charm, new roof and updated utilities, new commercial kitchen with s.s. racks, double oven commercial stove, grill, true refrigeration, ice machine, 2 & 3 compartment sinks, dish machine, and freezers. Currently owners occupy the second floor of the main house that has 3 large bedrooms (1 being used as owners office), 2 baths, and large sitting / entertainment room with wet bar. 1st floor is currently used for weddings, receptions, and specialty parties. Facility is licensed to seat 150 for formal dining with liquor permit. Property is conveniently located just 9/10 mile south of I-85 on busy hwy 17 at exit 173. Location is midway between Atlanta and Greenville, SC. We are also located just minutes from Lake Hartwell (with 900 miles of shoreline) and the new mega ramp at Tugaloo State Park. This property is an ongoing business serving the North Georgia area since 1997 under current ownership and will be shown by appointment only. We welcome all serious inquiries, but have priced the property and business far below the building replacement and insurance value ($1,300,000.) Thank you for visiting our listing.