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$685,000
Est. payment /mo
2,645 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,645 sqft
Price per Sqft $258
MLS Listing ID 928641
Year Built 1900
Lot Size 0.360 Acres
Property Sub-Type Commercial Sale
Property Description
High-Yield Mixed-Use Investment Opportunity | Walkable Downtown Thomasville This income-producing duplex on Remington Avenue offers a compelling opportunity for investors seeking strong cash flow, operational flexibility, and long-term upside in one of Thomasville's most desirable walkable locations. Zoned R-2, the property supports multiple revenue strategies—short-term rental, long-term leasing, professional office use, or a hybrid live/work model. This flexibility allows an investor to adapt to market demand and optimize returns over time. The asset consists of two well-appointed units, each featuring 2 bedrooms, 1 bathroom, full kitchen, living room, dining area, and in-unit laundry. Both units are being sold fully furnished, enabling immediate income generation with minimal additional capital investment. The upstairs unit is currently operating as a short-term rental, providing strong nightly rate potential, while the downstairs unit is leased on a month-to-month basis—offering stable income with the ability to reposition for higher yield. A strategic value-add component exists in the ability to convert the downstairs unit to office or commercial use while maintaining residential or short-term rental income upstairs—ideal for an owner-operator or investor targeting diversified income streams. Renovated in 2023, including a new roof, the property minimizes near-term capital expenditures and enhances overall asset stability. Outdoor amenities, including two porches and a patio, further increase tenant and guest appeal, supporting premium rental positioning. With its prime location, flexible zoning, and multiple monetization pathways, this property represents a rare opportunity to acquire a scalable, mixed-use asset with both immediate cash flow and long-term appreciation potential in the Thomasville market.
Location
State GA
Area Thomasville
Zoning R2
Interior
Interior Features Ceiling Fan(s), Office Space
Heating Central
Cooling Central Heat/Air
Flooring Hardwood, Luxury Vinyl
Window Features Blinds
Exterior
Parking Features Paved
Utilities Available Sewer Connected, Water Connected
View Y/N No
Roof Type Other
Building
Lot Description Level
Story 2
Level or Stories Two
Stories 2
Floor Plan Two
Others
Acceptable Financing Conventional, Cash, FHA
Listing Terms Conventional, Cash, FHA
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Listed by The Province Real Estate Brokerage
Nearby Locations
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