Property Location

3565 GA HIGHWAY 85, Ellerslie GA 31807

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List Price $1,274,000
Units 1
Est. Cap Rate 0.5%
Est. Cash-on-Cash -22.1%
Price / Unit $1,274,000
Est. Year 1 Cash Flow $-70,298 after debt service
3565 GA HIGHWAY 85 Ellerslie, GA 31807
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Potential to Live and Work on the same property!! Prime unconditional C4 commercial investment/redevelopment opportunity. Located just north of Columbus and Fort Benning, GA in the heart of Ellerslie Georgia, Harris County. Location is everything and this property is positioned on one of the busiest arterial roads where a great deal of new housing and retail development is taking place. Situated at a major signalized intersection on Highway 85, 5 minutes from Columbus, GA across from a new 130-acre Ellerslie Park, this high-volume traffic, high visibility location is positioned to be central to the high growth community. Over 680 feet of road frontage on three sides and 5 entrances to the property. The local community has been loyal to the current established business and welcomes new community business partners. There are 4.19 acres of land, this would make a great wedding venue, bed and breakfast, restaurant, retail shopping, etc. Fort Moore (formally Fort Benning) is 30 mins away, also near Waverly Hall, Talbotton, and tourist areas like Warm Springs and Pine Mountain. This location intersects with Highway 85, Highway 315, Warm Springs Rd and Harris Rd. Adjacent to the historic depot and fire station. BUILDING DESCRIPTION The 4,300 sf +/-, 1900’s farmhouse has a 2,300 sf +/- restaurant/retail space on the lower level and 1,500 of space on the upper level that has potential to build out living quarters on the upper level. There are separate rooms on the upper level ready to remodel. This property has potential to run a business and live on location. The building itself has been recently renovated to expand the kitchen space. There is ample room for outdoor seating available that can be transformed into a beautiful outdoor space for event hosting and catering with plenty of room for customers to park their cars. Alternatively, the indoor space can be used for hosting smaller events or meetings. Whether you're looking to open a new restaurant or expand your retail business, this location offers endless potential for success. This property offers endless potential to redevelop for your commercial needs or create your own live/ work opportunity allowing you to build your dream business by combining the business and residence. BUSINESS OPTIONS Beer and Wine License is transferable with approved application. The ready-to-go commercial space includes a 1,000-gallon grease trap, 1,500 gallon septic, 2 -1,500 aerobic treatment units, 400 ft drain line, and a 400 + amp electrical service, separate brick smokehouse with built-in bricked open pit grill and chimney. Newer kitchen addition is wired with shunt breakers. There is an optional vent hood system with exhaust, make up air and fire suppression system, an Ole Hickory Rotisserie Smoker, and 20 ft portable smoker, commercial kitchen equipment, refrigeration, freezers, icemaker, washing station, prep tables, heat and hold, Hobart buffalo chopper, 9-gallon steam kettle, meat slicer, Star grill press, 40 pound gas fryer, steam table, microwave, cooking utensils, dishes, dining room seating. New Roof 2025. Restaurant equipment and furnishings can be purchased for $75,000 with full price offer. KEY FEATURES 1. Prime location across from the newly opened Ellerslie Park 2. Highly traveled highway location with local and out-of-town travelers 3. unconditional C4 Commercial with multipurpose uses: restaurant, retail, events, catering services, storage facility, gas station and more 4. 4.19 prime located acres with abundant outdoor seating 5. Attractive event space 6. Exceptional visibility with 680 feet of road frontage on three sides and 5 entrances to the property allows maximum exposure and access to passing traffic and ample parking 7. Optional Restaurant equipment and optional BBQ business available to purchase Restaurant Business and business equipment not included in sales price but available for purchase
Investment Notes — Ellerslie
  • Located in the Ellerslie, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $1,274,000 Verified
Est. Cap Rate 0.47% Modeled
Est. Cash-on-Cash -22.07% Modeled
Est. Gross Income $13,603 Modeled
Est. NOI $5,985 Modeled
Est. Year 1 Cash Flow $-70,298 after debt service (25% down / 7% / 30-yr) Modeled
Price per Sq Ft $350 Verified
Confidence scores included Latest FMLS data Transparent modeling
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Jeff’s Investment Take

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Est. Cap0.5%
Est. CoC-22.1%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7646113 · Listing courtesy of Maximum One Premier Realtors, Mary Luhring · 470-400-9877

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily