2881 N Main Street Nw
Kennesaw, GA 30144
Sale Price
$1,299,000
Property Type
Commercial
Property Description
Discover the allure of the Historic Collier Building, an iconic landmark nestled at 2881 North Main Street in the heart of downtown Kennesaw, Georgia. Dating back to its original construction in 1903, this architectural gem embodies a rich history waiting to be reimagined. Once envisioned as a Bed & Breakfast or boutique hotel, the building's developer secured entitlements that envisioned a vibrant space. Encompassing a check-in desk, a dynamic food hall with a restaurant and bar, alongside versatile flex-work areas on the ground floor, the design also boasts 20 meticulously planned hotel rooms across the upper levels. Over the past three years, renovations and restoration efforts have been underway, accurately following the revered standards set by the Secretary of Interiors. Each of the 20 guest units has been partially constructed, showcasing various levels of finishing, while significant progress has been made in the realms of mechanical, electrical, and plumbing work. This groundwork paves the way for an enticing opportunity for an enterprising investor to curate a captivating bed & breakfast experience. The building, situated on a 5,201 square feet site and zoned CBD, offers an inviting prospect. Noteworthy features include expansive front porches on the 2nd and 3rd floors, boasting breathtaking views of the local park, a newly established amphitheater, and the bustling downtown Kennesaw. This canvas of possibilities awaits your creative vision to weave the next chapter of this historic masterpiece.
Property Specifics
Property Type:
Commercial
Yearly Taxes:
$16,709
MLS ID:
10292265
Source Status:
New
Also Listed By:
connectagency: a0UUc000001PQ1yMAG, FMLS: 7362923
Location & Transportation
Other Property Information
Summary
Parking
- Total Parking Spaces:
8
- Parking Features:
Parking Lot
HOA
- Association Fee:
Annually
Interior and Exterior Features
Interior Features
- Flooring:
Concrete, Hardwood
Structure
- Construction Materials:
Brick
Property Information
Lot Information
- Zoning:
CBD
- Lot Features:
Corner Lot
- Buildings:
1
- Lot Size:
5,183.64 sq. ft.
- Water Body Name:
NONE
Utilities
- Utilities:
Electricity Available, Sewer Available, Water Available
- Cooling:
None
- Heating:
None
- Water Source:
Public
- Sewer:
Public Sewer
Estimated Monthly Payments
Monthly Total
$7,623
Monthly Taxes
$1,392
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$6,231
Monthly Charges
$1,392
Total Monthly Payment
$7,623
Calculation based on:
Price:
$1,299,000
Charges:
$1,392
* Additional charges may apply
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