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Bonnie Mullinax

[email protected] +1(678) 778-5881

$ 5,500,000

Est. payment -/mo

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63 Talona Spur RD Ellijay, GA 30536

38,619 SqFt

UPDATED:

09/29/2024 05:05 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 38,619 sqft

Price per Sqft $142

MLS Listing ID 10378282

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1992

Annual Tax Amount $7,184

Tax Year 2023

Lot Size 7.750 Acres

Acres 7.75

Lot Dimensions 7.75

Property Description

Located at 63 Talona Spur Road in Ellijay, Georgia, this opportunity includes the real estate as well as the business. All of the business' equipment & up to $150,000 worth of inventory are included. Any inventory in excess of $150,000 held by the business at the time of sale may be included in the sale & is negotiable. The property is situated on 7.75 acres that is highly visible from Georgia State Route 515. SR-515 is the main thoroughfare in the area which connects the Atlanta area to the North Georgia Mountains and has a traffic count of 19,800 vehicles per day in Ellijay. The buildings were built between 1992 and 2016 and total approximately 38,619 square feet of space, which is comprised of 16,532 square feet of retail & kitchen area, 19,549 square feet of warehouse/processing area, and 2,538 square feet of cold storage. There is ample parking with 204 parking spaces & plenty of additional gravel parking. The property is bordered by a stone/metal fence with pillared gates at the parking lots entrance & exit. The business was originally founded in 1927 by the current owner's grandfather, Joel Stembridge, and has remained in the family since. Panorama Orchards & Farm Market is a specialty grocery store that features more than 20 varieties of apples, peaches, other fruits & vegetables, and a wide array of other specialty products. Specialty products include apple cider and delicious baked goods which are prepared on site. The business originally began by growing apples and wholesaling, however due to market changes the business shifted into retail in the 1980's. The business typically employs 16-19 employees full-time and has up to 40 seasonal employees during prime apple season. Panorama prides themselves on their top-quality products and friendly service, which has resulted in an unparalleled local reputation and strong revenue growth. Revenue has increased by 75% since 2017. Financial information is available upon request for qualified buyers.

Location

State GA

County Gilmer

Zoning C1

Interior

Heating Central

Cooling Central Air

Inclusions Equipment, Inventory

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Utilities Available Electricity Available

View Y/N No

Roof Type Metal,Wood

Garage No

Private Pool No

Building

Lot Description Level

Faces From Blairsville: Take SR-515 west for 42.2 miles. Make a left onto Talona Mountain Road. Property is on your right. From Atlanta: Take I-75 N north for about 20 miles. Take exit 268 for I-575 N/GA-5 N toward Canton. Continue on I-575/GA-515 for 54 miles then make a right onto Talona Mountain Road. Property is on your right.

Sewer Septic Tank

Water Public

Structure Type Frame,Steel Siding,Wood Siding

New Construction No

Others

Tax ID 3068 042

Special Listing Condition Resale

Bonnie Mullinax

Agent | H-147279

+1(678) 778-5881

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Bonnie Mullinax

63 Talona Spur RD Ellijay, GA 30536

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63 Talona Spur RD