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  • Price cut: $11K (5/19)
    $589,000

    731 Progress Rd, Ellijay, GA 30540

    --beds
    --baths
    1.35Acres
    Unimproved Land
    Built in ----
    1.35 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Income-Producing Commercial Property – 3 Buildings, 4 Tenants, High-Traffic Gilmer County Location! Exceptional investment opportunity in the center of Gilmer County's bustling commercial corridor, this fully occupied 1.35-acre property features three buildings totaling 9,624 sq ft, including two attached structures and four established tenants delivering immediate, dependable revenue. Building 1 (Brown Building) offers 4,800 sq ft of storage/warehouse space built in 1995 (effective 2001), featuring 16' wall height, a 3,600 sq ft main area, a 1,200 sq ft enclosed canopy, and an additional 800 sq ft utility room. Building 2 (Blue Building) is an 880 sq ft service garage built in 2005 (effective 2009) with 14' wall height and two canopies (912 sq ft and 160 sq ft). Building 3 (Red and Green Buildings), attached to Building 2, provides 3,140 sq ft built in 2004 (effective 2009) with 14' wall height and three canopies (75 sq ft, 120 sq ft, and 120 sq ft). The property is ideally situated near Walmart, Lowe's, major restaurants, and medical facilities, and sits directly across from a planned new commercial development, further enhancing its long-term value in this rapidly growing North Georgia area. Designed for ease of ownership, the buildings are well maintained and require minimal upkeep, making this a low-management asset with consistent returns. Tenants pay their own utilities, keeping operating expenses low, with estimated water costs of $80–$85/month, and insurance and property taxes approximately $2,500/year each. The site is equipped with power, water, septic, and internet, is zoned C1, and offers additional upside through rental increases, paid parking potential, expansion opportunities, and future development possibilities—including nearby proposed apartments and a Publix across the road.
    13 days
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    145
    |
    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Reece 706-889-5290,

    REMAX Town & Country - Ellijay

    Source: NGBOR,MLS#: 430396

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Fencing: Fenced
      • Frontage type: Road
      Lot
      • Size: 1.35 Acres
      • Features: See Remarks
      • Topography: Level
      Details
      • Additional structures: Other Buildings
      • Parcel number: 3067 015F
      • Zoning: C1

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Internet Available

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: None
      Location
      • Region: Ellijay

      Financial & listing details

      • Date on market: 5/7/2026
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/19/2026Price change$589,000-1.8%
        Source: NGBOR #430396 Report a problem
        5/7/2026Listed for sale$600,000
        Source: NGBOR #430396 Report a problem
        5/7/2026Listing removed$600,000
        Source: NGBOR #429964 Report a problem
        4/24/2026Listed for sale$600,000+33.3%
        Source: NGBOR #429964 Report a problem
        1/16/2025Listing removed$450,000
        Source: Engel & Volkers #410022 Report a problem
        10/22/2024Listed for sale$450,000
        Source: Engel & Volkers #410022 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30540

        Getting around

        17 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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