91 Georgia Avenue
$483,500
91 Georgia Avenue, Summerville, GA 30747
0.41 acres
Lot Area
Details:
Description:
*This property sells at auction and price shown is just the county tax value and has no bearing on sale price. Thursday, March 26, 2026 at 2:00 pm - Auction Site: The Exchange at 232 - 232 Glenn Milner Blvd, Rome, GA All Property to be SOLD from The Exchange at Dempsey Auction, 232 Glenn Milner Blvd, Rome, GA SUMMERVILLE, CHATTOOGA COUNTY, GA Historic Mixed-Use Redevelopment | 3 Commercial + 3 Residential Units | Expansion Ready Property located at 91 Georgia Avenue, Summerville, GA, Tax Parcel: 00S2700000141 All Property to be SOLD from The Exchange at Dempsey Auction, 232 Glenn Milner Blvd, Rome, GA Offered at auction is a meticulously rebuilt mixed-use property blending historic architectural salvage with modern commercial infrastructure and strong income potential. The property consists of three commercial units and three residential units, plus a separate rear structure already framed and ready for build-out of two additional apartments. A large rear lot provides ample room for future expansion or additional parking. This project underwent a full gut and reframe, with all new mechanical systems throughout. HVAC, plumbing, electrical, and underground utilities have been completely replaced. The exterior features a new brick façade, complemented by extensive custom woodworking inside. Commercial Spaces The three commercial units are entirely custom, designed with an emphasis on craftsmanship and authenticity. Notable details include bespoke finishes and a custom driftwood light fixture reclaimed from Weiss Lake, creating a distinctive sense of place rarely found in commercial build-outs. Residential Units The premier residential unit is a luxury loft featuring 3 bedrooms and 2 full baths, finished to a high standard. Bathrooms are fully tiled with glass-enclosed showers. The entry door is a reclaimed architectural piece from the Albert Samuel Warren House on Music Row, a property that once housed Atlantic Records-a doorway once passed through by country music legends. The main hallway entry features an original doorway salvaged from a Greek Revival home built in 1827 in Michigan, adding rare historical gravitas. The staircase is clad with original doors from the first Trion High School, complete with visible historic stamps-an irreplaceable architectural detail. Two additional rear residential units are approximately 90% and 70% complete. One unit requires only flooring, cabinetry, and bathroom tile to be finished. Investment Overview Total capital invested to date: $960,000 Projected stabilized rent roll: $15,000 per month Mixed-use income with expansion potential Substantial value-add remaining for next owner This is a rare opportunity to acquire a largely completed, historically curated mixed-use asset with modern systems, strong income potential, and room for further development. Finish the remaining components and unlock the full value of a truly distinctive property. OPEN HOUSE: PLEASE contact our office for inspection availability, IF applicable, at least 24 hours prior. LIVE/ONLINE BIDDING: This auction will be conducted in a Live/Simulcast format, giving bidders the flexibility to participate in person at The Exchange or online, whichever is most convenient. SALE SITE: All properties to be SOLD in conjunction with other parcels at The Exchange located at 232 Glenn Milner Blvd in Rome, GA. TERMS: 10% down on Sale Day with a balance due on or before 30 days from the above date. 10% Buyer's premium will be charged on all purchases. CLOSING: Closing to be on or before 30 days from Sale Date.
Location
Gallery