168 W West Main Street, Dahlonega, GA 30533
sale
$1,750,000
|
Mixed Use
Courtesy Of Berkshire Hathaway HomeServices Georgia Properties
Dahlonega Inn on Main - Repositioned Historic Bed & Breakfast with Flexible UseThe Dahlonega Inn on Main, formerly the historic Worley Homestead, is a beautifully restored 1845 estate located in the heart of Dahlonegas National Historic District. Recently repositioned in price, this rare offering blends historic significance with income-producing potential and flexible use options.Originally built by Captain Jasper F. Worley as a private residence, the property now operates as a boutique bed & breakfast while retaining the ability to function as a private residence or live/work estate, creating multiple acquisition and operational paths for a buyer.The main residence features 7 bedrooms and 7 bathrooms and operates alongside the adjacent Chestnut Cottage. Architectural highlights include original heart pine flooring, preserved 1845 wood walls, and seven fully rebuilt fireplaces. Recent capital improvements (2024) include modernized electrical systems, fresh exterior and interior paint, new fascia and gutters, and a restored front porch with new wood flooring, preserving historic integrity while addressing modern expectations.Additional Income-Producing Units:Chestnut Cottage: 2-bedroom, 1-bath guest houseLower-Level Apartment: 1-bedroom, 1-bath with full kitchen and private exterior entranceAll three units are turnkey and actively generating income, making the property well-suited for an owner-operator, lifestyle buyer, or well-capitalized investor.Prime Downtown Location: Situated just one block from the historic Holly Theater and two blocks from Dahlonegas vibrant town square, the property sits directly across from the University of North Georgias iconic Price Memorial Hall and within walking distance to restaurants, shops, events, and university facilities.Zoning & Use Flexibility: B-3 Historical Business District: Supports hospitality, professional offices, galleries, and pedestrian-oriented retailSingle-Family Residential Overlay: Recognizes the property as a single-family residence, allowing residential use within the historic business districtPermitted / Potential Uses:Hospitality Boutique Inn Short-Term Rental Live/Work Residential Event-Oriented Use (subject to approvals)What Makes the Dahlonega Inn on Main Unique:Originally built as a private residence and thoughtfully restoredPrime walkable downtown locationProximity to University of North GeorgiaLocated near filming sites for major productions, including an upcoming Netflix seriesSurrounded by vineyards, hiking trails, and the Blue Ridge MountainsWith year-round tourism, strong regional demand, and continued event-driven visitation, the property offers both current income and long-term upside.Investment & Upside Opportunities:Increase occupancy with modest operational optimizationExpand booking platform presence (Airbnb, OTAs)Improve SEO and digital marketing footprintPotential to enhance or repurpose daylight basement (subject to approvals)Monetize outdoor spaces for small-scale events or private gatheringsInvestment Summary:This offering represents a rare chance to acquire a legacy property that combines historic character, income production, and residential flexibility. The recent price repositioning reflects current market conditions and creates renewed opportunity for buyers pursuing a variety of acquisition strategies.Sellers welcome all reasonable offers and structures.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Floor Covering: Tile
- Floor Covering: Hardwood
- Floor Covering: Tile - Ceramic
- Heating System: Central
- MLSID: 7600281
- Roof Type: Metal
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