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Mixed-Use Land for Sale in Ellijay, Georgia

400 River St, Ellijay, GA 30540

$6,900,000
14 acres
Active
$1m drop
Est $51,867/mo

For the first time in history, 400 River St in Ellijay, GA is available for purchase-offering an unparalleled chance to own one of the most iconic and historic commercial properties in the area. Originally built in 1895, this massive 6,100 sq ft former lumber mill still showcases its original timber beams and trusses, echoing the craftsmanship and industry of a bygone era. Situated on 14.09 acres within the city limits, this unique property boasts 1445+ Feet of frontage on the Cartecay River, bordering the CSX railroad, and offers some of the best and most visible road frontage at over 1665 feet in downtown Ellijay. The land includes flat open areas ideal for expansion or development, and an additional 3.46-acre terraced parcel on the opposite side of River Street. Currently, the property features two land leases generating income: a used car dealership operating out of a commercial office building, and a small cabin being utilized as a spa. Both businesses add immediate value and activity to the site, with flexibility for future uses. Whether you're envisioning a mixed-use development, boutique hotel, restaurant and event venue, retail center, or preserving and restoring the mill as a historic destination, this property offers incredible flexibility, location, and potential. Zoned within the city limits, with river frontage, historic charm, and over 14 acres of prime land, this is truly a once-in-a-generation commercial opportunity in the heart of Ellijay's growing downtown corridor. Contact us today for a private tour and to learn more about this exceptional piece of North Georgia history.

Location

Street address
400 River St
Elevation
1,257 feet
Coordinates
34.6862, -84.4779

Directions

From downtown Ellijay roundabout take River Street to the intersection of hwy 52 and 1st Avenue, Property is on the Right. Large Red Barn

Property details

Acreage
14.09 acres
MLS #
GAMLS 10496267
Posted

Parcels

  • 1081 112A

Details and features

Listing

Type
Commercial Sale
Franchise
RE/MAX International

Lot

Features
City Lot, Corner Lot, Level, Rail

Exterior

Parking
Parking Lot
Structures
Workshop

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Oct 20, 2025Price drop$6,900,000$1,000,000 -12.7%GAMLS
Apr 9, 2025New listing$7,900,000GAMLS
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This 14.09-acre property is located at 400 River St in Ellijay, GA 30540. The property is available for sale for $6,900,000 with a price per acre of $489,709.

Checked 37 mins ago — Updated

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