$560,000 Sold

20 Spring Rd, Molena, GA 30258, USA

7,206 sq ft 0.63 acres
Sold $560,000 on June 29, 2026
20 Spring Rd, Molena, GA 30258, USA
7,206 sq ft 0.63 acres
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$160,000 Estimated Value $144,000 – $176,000 Based on 6 similar sales
108 mo Absorption Rate Buyer's Market 9 active · 0.1/mo sold
81.8% List-to-Sale Ratio Sellers get close to asking
79 Avg Days on Market Longer time to sell

Sold for $560,000 on June 29, 2026

Est. today $160,000 $400,000 (-71.4%)

At today's 6.5% rate with 10% down, a buyer would pay ~$910/mo for a home at this value.

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20 Spring Rd, Molena, GA 30258, USA

Description

Welcome to a unique downtown opportunity at 20 & 30 Spring Road, Molena, GA! Two quaint brick business buildings, both constructed in 1950 and full of possibilities, and a gorgeous Log home built in 1900 greets you as you enter the center of old downtown Molena. This property provides an ideal canvas for establishing a restaurant, boutique, Airbnb, or mixed-use enterprise. 30 Spring Road is a spacious area with gorgeous oak hardwood floors that is perfect for studio, office, or retail usage. The building at 20 Spring Road is ideal for a restaurant or bar because it was designed with hospitality in mind. Highlights include a large open layout, tiled bathroom, hardwood floors of pine and oak, and a kitchen equipped with stainless sinks and an electric oven/range. Upstairs, four newly remodeled guest rooms in the form of a bed and breakfast, each with a separate bathroom with a clawfoot tub and vanity. Guest changeover is made more convenient with a laundry area in the corridor that has a stainless sink, washer, and dryer. Both buildings are equipped with a large array of solar panels. Outdoor Space: Both buildings have a covered back porch that is the ideal location for alfresco dining, guest seating, or a warm waiting room with a built-in bench. Adding even more value is a charming 726 sq ft single-family home situated on a 0.51-acre lot. Built in 1900, this cozy 1-bedroom, 1-bath residence offers a family room/dining room combo, functional kitchen, and timeless character. Currently tenant-occupied, it provides immediate rental income and flexibility as a primary residence, weekend retreat, or additional investment property. 20 & 30 Spring Road is a special investment opportunity in downtown Molena because of its historic character and adaptable layout. Don't pass up the opportunity to live out your dream on this extraordinary land!

Property Details

Property Type
Commercial Sale
Living Area
7,206 sq ft
Lot Size
0.63 acres
Year Built
1950
County
Pike
Sold Price
$560,000
Sold Date
June 29, 2026
Last List Price
$685,000
Last List Date
March 12, 2026

Price History

  1. Sold MLS# 230455 $560,000
  2. Listed MLS# 230455 $685,000

Location

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