260 N Jeff Davis Drive, Fayetteville, GA 30214

49 Photos
 
Auction, Bank Owned
$200,000 Estimated Value
Active for Sale
 
Listing ID 11274560
Property Type Commercial Building
Commercial Type HOSPITALITY
County Fayette
Tax ID 052301053
FEMA Flood Map fema.gov/portal
Year Built 1920
   
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2,267±SF Former Event Facility

Lot 201: 260 North Jeff Davis Drive, Fayetteville, GA 30214 The 2,267±SF building at 260 North Jeff Davis Drive was built ca.1920. Like 240 N Jeff Davis Drive, it has been extensively renovated with modern facilities in the past 10 years. It features 12 foot ceilings and ornate finishes on the main level, a luxuriously appointed bridal suite with an adjoining bathroom with a large jetted spa bathtub, as well as a room previously used for weddings, a full dining room, and an office on the main level. The upstairs, accessed by an ornate spiral staircase, includes an area with a beauty parlor on one side for the bride and attendants, and a game area with bar and sink for the groom and groomsmen. The property was previously used with 240 North Jeff Davis Drive as an event facility until early 2023. All utilities are available to the site and it is zoned DMU-BC under the new Universal Development Ordinance adopted May 4, 2023 by the city of Fayetteville, which provides for a number of commercial uses including Event Facility. The lot has 112 feet of frontage and between 325 and 332 feet of depth. The property was acquired by the bank through foreclosure on June 7, 2023. Current ordinances state that if the site has not been in use as an event facility for over a year, a conditional use application must be filed with Fayetteville Planning and Zoning to continue to use it as an event facility. Fayette County Tax Parcel 052301053 2023 Fayette County Appraised Value $316,470; Assessed Value $126,696 2023 Fayette County Property Taxes $3,540.14 (paid) Terms: Must register and submit proof of funds to bid, 10% Buyers Premium added to bid to determine Purchase Price, Earnest Money Deposit of 10% of Purchase Price within 24 hours of end of auction, sign as-is contract, 2% broker co-op, close in 30 days. Julian E Howell GAL#2503
Auction Details
  • Online Only Auction
  • Visit Auction Site
  • Starts: Apr 26th 2024 11:00am
  • Ends: May 14th 2024 11:00am
Property Details
  • 2267 SF
  • 0.94 Acres
  • Built in 1920
  • Renovated 2013
  • Available 5/14/2024
  • Renovation: extensively renovated with modern facilities in the past 10 years
Exterior Features
  • Open Porch
  • Screened Porch
  • Street View
  • Wooded View
Commercial Info
  • Uses: event facility, wedding venue, special event venue
Listed By
Auction Management Corporation
Office: 770-980-9565
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