This once in a lifetime, exceptional opportunity near Lake Burton presents an exciting redevelopment rehab prospect for the lucky investor or creative buyer who's able to get their name on the deed! Owned by the same family for decades, it's surrounded by high value homes and is an excellent foundation for future growth and development. Parcels include a multiple number of rehab-able structures one can fix one up to live in and rehab the others for future passive income for the rest of your life. House #1, built in 1985, is tenant occupied and needs TLC. DO NOT DISTURB TENANT! House #2, built in 1986, is an A-frame cabin needing full rehab. House # 3, built in 1995, is a log cabin needing rehab. Included in this sale is a commercial zoned parcel which includes Structure #4, a motel, and Structure #5 is a 3,831 sq ft (under roof) commercially zoned former general store/restaurant/gas station/garage building. Commercial building is phenomenally located in a high traffic tourist area with plenty of great road frontage on St Hwy 197 North. Don't miss the redevelopment chance to transform this into a profitable venture or the home of your dreams! All agents and buyers must sign Hold Harmless document prior to scheduling an appointment. No blind offers. Sold AS IS w/ no seller repairs. Any inspections performed are for buyer information only. A new survey will be performed to partition off the cabin located on the back portion of the parcel that will not be included in this sale. Coveniently located in the North Georgia Mountains close to Helen and Clayton with outdoor nature activities, wineries, shopping and a variety of restaurants nearby.
Property Type :
Residential
County :
Habersham
Style :
Residential
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.
ByOwner last updated this listing 04/27/2024 @ 13:21
MLS: 10255695
LISTED BY: Robin Wiseman , MTBR30
SOURCE: Georgia MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
