Thursday, July 16, 2026 at 2:01 pm — Auction Site: The Exchange - 232 Glenn Milner Blvd, Rome, GA
Ellijay, Gilmer County, GA
Income-Producing Property
Property located at 240 S Old Hwy 5
Brick Rental Home – Mobile Home – 21 Mini-Storage Units – 1± Acre High-Traffic Lot
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Property to be SOLD from The Exchange at Dempsey Auction, 232 Glenn Milner Blvd, Rome, GA
Dempsey Auction is proud to present this outstanding income-producing property located at 240 S Old Hwy 5 in Ellijay, Georgia. Situated on a 1±-acre high-traffic lot convenient to downtown Ellijay, this property offers multiple income streams and excellent visibility in one of North Georgia’s most desirable mountain communities.
The property is improved with a brick rental home, a mobile home, and 21 mini-storage units, providing a rare combination of residential rental income and storage-unit revenue on one convenient site. With its location along South Old Hwy 5, the property benefits from strong accessibility and exposure, making it well-suited for continued investment use or future redevelopment potential.
Located just minutes from downtown Ellijay, shopping, restaurants, schools, and area amenities, this property is positioned in a growing market known for tourism, outdoor recreation, and steady residential demand. Ellijay’s popularity as a mountain getaway and full-time living destination further enhances the long-term appeal of this investment opportunity.
Whether you are looking to expand your rental portfolio, acquire a mixed-income property, or secure a high-visibility commercial/residential site in Gilmer County, this offering presents an excellent opportunity with established improvements already in place.
Please Note: These properties are currently leased. Do not disturb tenants.
THIS PROPERTY IS SELLING AT ABSOLUTE AUCTION, REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
