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3997 Lake Sinclair Drive, Sparta, GA 31087
$399,900
3997 Lake Sinclair Drive, Sparta, GA 31087View this property at 3997 Lake Sinclair Drive, Sparta, GA 31087
3997 Lake Sinclair DriveSpartaGA31087
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Property Description
Famous Elmo's Red Bar & Grill is ready for a Next chapter & New Owner to serve this thriving Lake Sinclair community. This turn-key commercial property sits on over an acre & is set up to open immediately. We have a long list of all the commercial equipment needed to run this successful restaurant. Along with tables & chairs inside & out, freezers, refrigerators, coolers, pizza oven, silverware, plates, the list goes on & all stays. There's three bathrooms upstairs. Large bar with inside dining room seating. Plus, outdoor deck w/bar and open deck area for all your patrons. Entertainment stage for live music, karaoke, trivia, bingo night, etc. There's an additional room that has a pool table with a bathroom under the restaurant, plus a washer & dryer. This could have multiple uses from storage, pool room, or even an efficient apartment. There's a nice concrete parking lot. This is your opportunity to be your own boss in a growing community. Call us today to get your piece of the pie.
Full Property Details
Full Property Details for 3997 Lake Sinclair Dr
General
- Price: $399,900
- Taxes: (2022)
- Status: Active
- Type: Commercial Service
- MLS ID: 20155495
- Updated: 4/7/2024
- Added to Site: 182 day(s) ago
Business
- Business Type: Food & Beverage, Other
- Includes: Business & Building & Land
Interior
- Flooring: Hardwood, Other
Location
- County: Hancock
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Electric, Central
Utilities
- Utility Description: Cable Available, Electricity Available, High-Speed Internet, Phone Available, Water Available
Structural Information
- Construction Status: Resale
- Roof: Metal
- Square Feet: 3,217
- Sq. Ft. Source: Public Records
- Year Built: 2004
Lot Features
- Lot Size (Acres): 1.25
- Lot Size Range: 1.25
- Lot Size Source: Public Records
- Potential Use: Food & Beverage, Other
- Lot Description: Level
Financial Considerations
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3.5%
- Compensation Comments: Should Listing Broker identify/show property to the selling brokers client or customer, the Selling Broker Commission shall be reduced by 1% of sales price. For each subsequent event the Listing Broker must access the property for the benefit of the Selling Broker or Selling Broker client/customer for any reason, the Selling Broker Commission shall be reduced an additional $250 per occurrence.
Listing Courtesy of: Coldwell Banker Access Realty
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Schools
Schools serving 3997 Lake Sinclair Dr
School District:Hancock County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
11145 Ga Highway 15, Sparta, GA 31087 | PK-5 | 15.4 mi | |
11311 Ga Highway 15, Sparta, GA 31087 | 6-8 | 15.4 mi | |
11311 Ga Highway 15, Sparta, GA 31087 | 9-12 | 15.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3997 Lake Sinclair Dr
Date
Details
Price
Change
Source
2/02/2024
Price Reduced
$399,900
-5.88%
MLS
10/31/2023
Listed
$424,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3997 Lake Sinclair Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
100%
2021
-100%
-100%
2021
$2,037
—
$63,735
—
2020
$2,038
2%
$63,735
—
2018
$1,991
—
$63,735
—
2017
$1,991
—
$63,735
—
2016
$1,991
—
$63,735
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3997 Lake Sinclair Dr
3997 Lake Sinclair Drive, Sparta, GA 31087 (MLS# 20155495) is a Commercial Service property. 3997 Lake Sinclair Drive is currently listed for $399,900 and was received on October 31, 2023. Want to learn more about 3997 Lake Sinclair Drive? Do you have questions about finding other Commercial Service real estate for sale in Sparta? You can browse all Sparta real estate or contact a Coldwell Banker agent to request more information.