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  5. ›RFP 2025-03 OPPORTUNITY TO PURCHASE & RENOVATE HISTORIC…

Georgia Lilburn Downtown Development Authority·Georgia

RFP 2025-03 OPPORTUNITY TO PURCHASE & RENOVATE HISTORIC RESIDENTIAL PROPERTY IN OLD TOWN LILBURN

Closes 1/19/2026$125k – $250kRequest for Proposal
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Description

The Lilburn Downtown Development Authority is seeking proposals to purchase and renovate a historic single-family home located at 243 Main Street in Old Town Lilburn, Georgia. The property must be renovated in a manner that preserves its historic character and qualifies it for continued residential use. The minimum purchase price that will be accepted is $125,000. Proposals should include applicant information, proposed purchase price, affidavit, and proof of financial capacity. • The property is a historic single-family home located at 243 Main Street in Old Town Lilburn, Georgia. • The minimum purchase price is $125,000. • Proposals must include applicant information, proposed purchase price, affidavit, and proof of financial capacity. • The successful proposer must prove their capacity to close by March 1, 2026. • The DDA will award the Purchase Agreement to the proposer offering the highest purchase price who commits to maintaining the historicity of the existing structure while making the improvements required for residential occupancy.

Attached files

Contact

Therese Brown(Buyer Contact)

[email protected]

(770) 638-2220

Key dates

Opened
11/25/2025
Questions due
12/29/2025
Pre-bid meeting
12/8/2025Mandatory
Site visit
12/8/2025Mandatory
Closes
1/19/2026
Projected award
1/21/2026
Duration
60 days

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP 2025-03

Budget estimate

$125,000 – $250,000

The budget for this opportunity is expected to be around $125,000 to $250,000, considering the minimum purchase price and the potential for renovation costs. The actual budget will depend on the proposed purchase price and the successful proposer's ability to close the deal by March 1, 2026. Factors that may influence the likely payment range include the condition of the property, the proposer's financial capacity, and the DDA's negotiation of the purchase price.

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