235 Cedric Street Active Save Request In-Person Tour Request Virtual Tour
Leesburg,GA 31763
Key Details
Property Type Commercial
Sub Type Improved Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,954 sqft
Price per Sqft $141
MLS Listing ID 166986
Year Built 1860
Annual Tax Amount $2,481
Tax Year 2025
Lot Size 0.970 Acres
Property Sub-Type Improved Commercial
Property Description
Commanding in presence, steeped in history, and brimming with charm, The Cedric House stands as a grand 1860 estate—an enduring symbol of Southern architecture, grace, and hospitality. Thoughtfully restored to honor its heritage while embracing modern function, this remarkable property offers over 4,300 square feet of refined space on nearly an acre, zoned C-2 General Commercial for exceptional flexibility and income potential. Every inch of The Cedric House tells a story of craftsmanship and care. Towering ceilings, intricate crown moldings, original hardwood floors, and elegant fireplaces highlight the home's stately design, while thoughtful updates bring modern comfort to its timeless appeal. Walls of windows and tall French doors fill the interior with natural light, accentuating every architectural detail. Currently configured with 3 beautifully appointed, fully furnished suites, each with a private entrance, sitting room, bedroom, and full bath, the property produces $5,100 in monthly income. The layout offers exceptional expansion potential—the rooms could be divided to create up to 6-7 suites, increasing the potential gross revenue to approximately $7,000 per month. A hidden office tucked behind a paneled wall adds versatility, ideal for on-site management or conversion into another rentable unit. Offered fully furnished at the asking price, this property is truly turnkey. Perfectly positioned just off Highway 19, The Cedric House benefits from exceptional visibility and direct access along one of Southwest Georgia's fastest-growing commercial corridors. Highway 19 continues to attract new retail, medical, and mixed-use development, linking Leesburg seamlessly with Albany and the expanding regional market. With rising traffic counts, new infrastructure, and nearby construction, this corridor is a magnet for business growth—offering both immediate returns and long-term appreciation. For investors and visionaries, The Cedric House represents the perfect harmony of history, elegance, and opportunity. With its C-2 zoning and adaptable layout, it offers endless potential—continue its success as a furnished executive rental hub, or reimagine it as a bed-and-breakfast, boutique inn, professional office, senior living residence, salon, coworking studio, event venue, or antique market with individual vendor booths. The Cedric House is more than a property—it's a legacy. A stately cornerstone of Leesburg'past and a brilliant investment in its future.
Location
State GA
County Lee
Area Lee
Zoning Business,Commercial,County,General Commercial,Multi-Family,Office/Prof,Other
Interior
Heating Heat: Central Electric,See Remarks,Central Electric
Cooling Central Air,See Remarks,Central Electric
Flooring Hardwood,Tile,Vinyl,See Remarks
Laundry Common Area,Laundry Facilities
Exterior
Fence Fenced
Community Features BBQ Pit/Grill,Community Room,Dumpster,Gated,Pavilion/Gazebo,Picnic Area,TV Cable,Other
Utilities Available Electricity Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected,Cable Available,Other
Waterfront Description Other
View Y/N No
View Other
Roof Type Shingle,See Remarks
Building
Lot Description Aerials Available,Corner Lot,Landscaped,Level,See Remarks
Story 2
Sewer Lee County Utilities
Water Lee County Util
Stories 2
Others
Acceptable Financing Sale Price,Conventional,Other
Listing Terms Sale Price,Conventional,Other