Commercial

41 North Avenue

Ellijay, GA 30540

Location

41 North Avenue, Ellijay GA 30540

Interactive map

Loads on click

List Price$995,000
TypeBusiness
Building1,560 SF
Building

Improved commercial

1,560 SF building

Business · Commercial · CBD · $638 / SF

Data last updated: October 5, 2026 at 8:00 PM EST
ACTIVE
FMLS #7831011
Listing Provided By The Norton Agency · 770-532-0022
Description

Property Description

Rare opportunity to own one of the most recognizable properties in Historic Downtown Ellijay. Known as 'The Carriage House'. It is presently being used as a Short Term Rental. Located in the Central Business district of the city of Ellijay. It features walkability in the heart of Downtown Ellijay to restaurants, coffee shops,boutiques, tasting rooms and much more. It would also be great for professional office, gallery,retail,cafe and more. It has been beautifully renovated with love and quality finishes while preserving its historical character.Open floor plan offers abundant light, updated kitchen and bathes. A welcoming entrance and uniquely has its own private parking! Outstanding gem of a property offering many possiblities to own a piece of Historical Downtown Ellijay!
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
1930
Zoning
CBD
Price / SF
$638
Days on market
0
Ceiling height
0
Road frontage
City Street
Taxes
$2,540
Tax year
2024
Opportunity zone
Yes

Utilities & systems

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

Available

  • Cable
  • Natural Gas

Sewer

  • Public Sewer

Heating

  • Central

Cooling

  • Central Air

Commercial Analysis

Key metrics and property characteristics

List Price$995,000
Building Size1,560 SF
Price / SF$638
ZoningCBD
Property SubtypeBusiness
Year Built1930

Inquire about this listing

41 North Avenue

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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.