
Improved Mixed-Use Land for Sale in LaFayette, Georgia
150 Pearl Dr, LaFayette, GA 30728
Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center - Lafayette, GA SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: $1,950,000 + PLUS HUGE BUYER INCENTIVE!!! THE SELLER IS OFFERING THE BUYER A $50k CONCESSION CREDITAT CLOSING IF UNDER CONTRACT BEFORE THE 4TH OF JULY 2026 (CLOSING COSTS AND/OR RENOVATIONS AFTER CLOSING) . SCHEDULE YOUR PRIVATE TOUR SOON SO YOU DO NOT MISS THIS PURCHASE PERK... *LEASING OPTIONS ALSO AVAILABLE* Discover an exceptional opportunity to own a well-positioned commercial retail strip center on 3 level acres with ample paved parking, ideally located just off Highway 27 adjacent to the Walmart Supercenter in Lafayette, GA. Offered at UNDER $2 million, this property delivers strong income potential, flexibility, and long-term upside in a rapidly growing market. The center offers a versatile mix of unit sizes, including: One 3,000 SF restaurant space (currently The Best Grill, formerly Rafael's) Two 5,000 SF flex spaces suitable for retail, office, gym, warehouse, or service use One 7,000 SF end-cap unit with the option to subdivide Three spaces are available for immediate occupancy, providing value-add potential for investors or ideal configurations for an owner-user. The prominent corner unit is leased on a new 5-year term to a thriving restaurant that opened in January 2025, delivering instant and reliable income. Positioned within a high-traffic retail corridor surrounded by Walmart, national chains, and popular dining options, the property enjoys excellent visibility, easy access, and consistent consumer activity. Adding to its appeal, a new 200+ home residential subdivision is currently under development directly behind the center, further strengthening future tenant demand and long-term appreciation. Property Highlights: Level 3-acre commercial site with generous parking Multiple income streams with expansion and lease-up potential Strong visibility and access from Hwy 27 Surrounded by established nat
- Listed by Erik Palmer, (706) 944-3745, Crye-Leike Realtors
Location
- Street address
- 150 Pearl Dr
- County
- Walker County
- Elevation
- 889 feet
Directions
Take HWY 27 South (Martha Berry HWY) to LaFayette Walmart Plaza. Turn Right on Pearl Drive. The Shopping Center is inside the plaza on the right with sign on property.
Property details
- Acreage
- 3.04 acres
- Zoning
- Commercial
- MLS #
- REALTRACS 3223473
- Posted
Parcels
- 10034 006
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Retail
- Possession
- Close of Escrow
Lot
- Size Source
- Assessor
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 28, 2026 | New listing | $1,950,000 | — | REALTRACS |
