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235 Cedric Street

Leesburg, GA 31763
  • $700,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 166986
UPDATED: 9 min ago
$700,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,954
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1860
County:
Lee
Area:

School Ratings & Info

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.

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© 2025 Albany Board of Realtors & Southwest GA MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hometown Realty of Southwest GA. Data last updated: 2025-11-17T23:36:39.78.
www.searchsouthgahomes.com/homes/169228865
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235 Cedric Street Leesburg, GA 31763

  • Price: $700,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 9 min ago
  • MLS #: 166986
0
Beds
0
Baths
0
½ Baths
0.97
Acres
4,954
SQFT
$141
$/SQFT
1860
Built
Neighborhood:
East Lee
County:
Lee
Area:
East Lee
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.
Exterior Features

Construction FrameOther Roadfront Feet 242 Site Description Aerials AvailableCorner LocationLandscapedLevelSee Remarks

Interior Features

Heat Cool A/C: CentralHeat: Central ElectricSee Remarks Hvac Sq Ft 4351

Property Features

Annual Taxes 2481.31 Com Features Business Established 5+ Years AgoFreestanding BuildingFurnished: AllFurnished: SomeHandicapped AccessHandicapped FacilitiesKitchen AreaLaundry FacilitiesLiving QuartersOffice AreaRestrooms: PrivateSee Reamrks Electric Ga Power Lee County Energy A/C: Central ElectricHeat: Central ElectricWater Heater: Gas Facilities BBQ Pit/GrillCommunity RoomDumpsterGated CommunityHandicap ProvisionsLaundryPavilion/GazeboPicnic AreaTV CableOther Farm Features FencedSee RemarksOther Immediate Occupancy No Listing Class Commercial Lot Block 1 Number Units 7 Offering Type Real EstateSale Only Owner Type Investor Pricing Type Sale Price Property Type Improved Commercial Seller Terms ConventionalOther Sewer Lee County Utilities Subject To Lease No Tax Year 2025 Transportation 2-LaneCenter Turn LaneCounty RoadPavedSee RemarksOther Utilities Electric 220/240Electricity ConnectedPhone AvailableSewer ConnectedWater ConnectedCable AvailableOther Water Lee County Util Zoning BusinessCommercialCountyGeneral CommercialMulti-FamilyOffice/ProfOther

Listing information © 2025 Albany Board of Realtors & Southwest GA MLS, Inc.
Listing provided courtesy of Morgan Layfield of RE/MAX OF ALBANY: 2294341600.



© 2025 Albany Board of Realtors & Southwest GA MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hometown Realty of Southwest GA. Data last updated: 2025-11-17T23:36:39.78.
 
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303 Ironhorse Court
Albany GA, 31721