Description
Income Producing Property in Downtown Cornelia. This property is being sold with an active tenant, and a CAP Rate of 8%. This building was formerly known as the Cornelia Ice and Coal Plant, architectural remnants remain where ice was once pushed through brick walls onto awaiting trucks and weighing scales are still under updated flooring. The original structure was built in 1937 and the current building was improved and enlarged in 1979. The front of the building offers an office of 1,032 sq/ft which has a full bathroom and living quarters. Adjacent to this area is what has previously been used as a kitchen space. The facility features 3 roll up doors with the largest at the left side of the building with drive-in access. The front door is dock high and additional side door is at ground level. The office portion of the building has central heat, sprinkler system, full bath. There are 5 auxiliary natural gas wall heaters throughout. The main warehouse which is flooded with natural light from the overhead skylights.
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0BEDS
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0.59ACRES
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0BATHS
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01/2 BATHS
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17,200SQFT
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$30$/SQFT
School Ratings & Info
Description
Income Producing Property in Downtown Cornelia. This property is being sold with an active tenant, and a CAP Rate of 8%. This building was formerly known as the Cornelia Ice and Coal Plant, architectural remnants remain where ice was once pushed through brick walls onto awaiting trucks and weighing scales are still under updated flooring. The original structure was built in 1937 and the current building was improved and enlarged in 1979. The front of the building offers an office of 1,032 sq/ft which has a full bathroom and living quarters. Adjacent to this area is what has previously been used as a kitchen space. The facility features 3 roll up doors with the largest at the left side of the building with drive-in access. The front door is dock high and additional side door is at ground level. The office portion of the building has central heat, sprinkler system, full bath. There are 5 auxiliary natural gas wall heaters throughout. The main warehouse which is flooded with natural light from the overhead skylights.
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