Commercial

28 N Main Street

Ellijay, GA 30540

Location

28 N Main Street, Ellijay GA 30540

Interactive map

Loads on click

List Price$1,625,000
TypeBusiness
Building1,920 SF
Lot0.05 Ac
Building

Improved commercial

1,920 SF building

Business · Commercial · C1 · $846 / SF · 0.05 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7768478
Listing Provided By RE/MAX Town And Country · 706-889-6154
Description

Property Description

RARE downtown Ellijay commercial opportunity with alcohol sales approval & endless potential! Located at 28 N Main Street right in the heart of downtown Ellijay, this fully renovated approximately 2,000 sq ft commercial building offers the PERFECT location surrounded by shops, restaurants, wineries, & North Georgia tourism attractions, while also being less than 10 minutes to Walmart in Ellijay. One of the last remaining properties in the area allowing alcohol sales — and potentially the last address on the street permitted to sell alcohol — making it ideal for a winery, brewery, restaurant, tasting room, soda bar, cafe, retail shop, or mixed-use concept. Located in an Opportunity Zone, this property is highly desirable for investors looking for long-term growth potential & possible tax advantages. Selling the building & land only - giving you the opportunity to create your perfect business in the heart of Ellijay or even operate 2 separate businesses under one roof. Perfect setup for a retail store or boutique in the front with a second store, wine bar, cafe, or restaurant in the back. The back portion already has kitchen infrastructure from a previous restaurant, making it even easier to bring your vision to life. High-visibility location with heavy foot traffic & easy access from all paved roads. Outdoor seating adds even more value & customer appeal, with the possibility to enclose the outside area for additional seating or usable square footage. Major upgrades already completed include 12 ft ceilings, commercial triple-layer rolled roofing, a brand-new 50-year roof, all new storefront glass, updated electrical, new HVAC ductwork, new flooring with concrete underneath, fresh interior paint, & custom wood wall finishes throughout - giving you one of the most updated buildings in downtown Ellijay, if not the most updated, with a modern, clean, & nearly brand-new feel throughout. Features include public water & sewer, great internet, garbage pickup available, short-term rentals allowed, pets allowed if desired, water access for a soda bar setup, gas hookup for a stove, sink area in the back, 2 half bathrooms, & a 1,500-gallon grease trap already installed. Nearby attractions include many Apple Orchards, Hiking trails, Springer Mountain - the beginning of the Appalachian Trail, Wineries, Amicalola Falls, Fort Mountain State Park, Brasstown Bald, Trout streams, Tubing, Kayaking, Sunflower patches, Pumpkin patches & more! Preferred lender: 1-Year Rate Buydown Available! Our preferred lender is offering a 1-year temporary buydown for this property. This program will lower your monthly payments by a full percentage point for the first year.
Tax Advantage

Opportunity Zone Property

Tract 13123080300

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1935
Zoning
C1
Price / SF
$846
Price / acre
$32,500,000
Days on market
13
Loading
Other
Road frontage
22 ft
Owner pays
All Utilities
Taxes
$3,327
Tax year
2025
Opportunity zone
Yes

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Cable
  • Electricity
  • Phone
  • Sewer
  • Water

Sewer

  • Public Sewer

Heating

  • Central

Cooling

  • Central Air

Commercial Analysis

Key metrics and property characteristics

List Price$1,625,000
Building Size1,920 SF
Price / SF$846
Lot Size0.05 Acres
Price / Acre$32,500,000
ZoningC1
Property SubtypeBusiness
Year Built1935

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28 N Main Street

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

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.