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Debbie Kirkland

CENTURY 21 FIRST STORY REAL ESTATE

[email protected] +1(850) 212-0440

$ 700,000

Est. payment -/mo

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235 Cedric Street Leesburg, GA 31763

4,954 SqFt

UPDATED:

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

HOA Y/N Yes

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

Furnishings Furnished,Partially

Appliance Gas Water Heater

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

Water Access Desc Lee County Util

View Other

Roof Type Shingle,See Remarks

Garage No

Building

Lot Description Aerials Available, Corner Lot, Landscaped, Level, See Remarks

Story 2

Sewer Lee County Utilities

Water Lee County Util

Level or Stories 2

Stories 2

Floor Plan 2

Others

Acceptable Financing Sale Price, Conventional, Other

Listing Terms Sale Price, Conventional, Other

Listed by RE/MAX OF ALBANY

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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Tallahassee, FL

Debbie Kirkland

235 Cedric Street Leesburg, GA 31763

Key Details

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Interior

Exterior

Building

Others

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235 Cedric Street