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Listed by Michelle Parker • Parker Scott Properties
$1,848,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision E 72Nd St Plaza
MLS Listing ID 10211976
Construction Status Updated/Remodeled
Year Built 1970
Annual Tax Amount $8,933
Tax Year 2023
Lot Size 0.380 Acres
Property Description
The building is a one-story retail/office building constructed in 1970 and renovated in 2022. It has 22 spaces which equates to 3.19 spaces/1,000 sq. ft. There are 6 units in the building and all are leased. The foundation is slab, framing is masonry, and the exterior walls are block and stucco. Each unit has a retail storefront-sized glass window. The roof is flat and comprised of a rubber membrane. Floors are LVP; tile, and sealed concrete. Walls are gypsum and the ceilings are either exposed or covered with acoustic ceiling tiles. Road Access/Utilities a The site is accessed via either E. 72nd St. or Sutlive St and all utilities are to the building. Opportunity a This is a great opportunity to acquire a cash-flowing asset with solid leases in place at a 7.8% cap rate.
Location
State GA
County Chatham
Zoning Commercial Business
Interior
Heating Central, Electric
Cooling Central Air, Electric
Exterior
Parking Features Parking Lot, Paved
Garage Spaces 22.0
Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
Building
Sewer Public Sewer
Construction Status Updated/Remodeled
Others
Acceptable Financing Cash, Conventional, Small Business Loan
Listing Terms Cash, Conventional, Small Business Loan
Special Listing Condition Investor Owned
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