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Key Details
Sold Price $150,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,345 sqft
Price per Sqft $111
MLS Listing ID 7475593
Sold Date 11/27/24
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2022
Annual Tax Amount $488
Tax Year 2024
Property Description
The Gifted Vault is an established and thriving boutique located in the heart of downtown Ellijay, Georgia. This one-of-a-kind retail shop, housed in a historic bank building, features the original vault as a central part of its retail space, adding a unique charm that draws customers back time and time again. Offering "Something for Everyone," the store has consistently demonstrated growth over the past 2.5 years, with financial records to support its success. The sale of The Gifted Vault includes everything a new owner needs to seamlessly continue operations, including all inventory, fixtures, furniture, a point-of-sale system, and a security system. The current lease is secured through March 2025, with a negotiable three-year extension available, providing flexibility for future growth. Additionally, the merchandise is fully stocked and paid in full, making this a turnkey opportunity. A 90-day consultation period is offered to ensure a smooth transition if desired. With Ellijay's busiest season approaching, this is a perfect opportunity to step into a well-established, successful business, ready to capitalize on the high foot traffic and holiday shopping. The Gifted Vault is more than just a business-it's a piece of local history with modern success. Make it Yours Today!
Location
State GA
County Gilmer
Zoning CBD
Lake Name None
Rooms
Other Rooms Storage
Basement Interior Entry, Other
Interior
Interior Features Reception Area, Restrooms
Heating Central
Cooling Central Air
Flooring Sustainable, Vinyl
Window Features Display Window(s)
Exterior
Parking Features On Street
Fence None
Utilities Available Electricity Available, Sewer Available, Phone Available, Water Available
Waterfront Description None
View City
Roof Type Other
Street Surface Asphalt
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Business Park
Story One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Other
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community no
Tax ID 10122 050
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with RE/MAX Town And Country