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Pat Sheppard

[email protected] +1(678) 793-8612

$ 695,000

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Active Under Contract

125 W Solomon Griffin, GA 30223

6,224 SqFt

UPDATED:

11/26/2024 09:30 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type Commercial Sale

Square Footage 6,224 sqft

Price per Sqft $111

MLS Listing ID 10369607

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1910

Annual Tax Amount $6,296

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 3920.4

Property Description

Renovated and Ready for its new owner, this property is zoned CBD and located in the heart of Downtown Griffin! Featuring four versatile units, this property is perfectly positioned to maximize your investment returns. It includes two vacant commercial units (27B & 25B) that are currently available for lease, each with a rental potential of $1,700/month, ideal for various business ventures, offering unparalleled flexibility and prime visibility in the downtown sector. Additionally, there are two occupied residential units (27A & 25A) generating a consistent rental income of $1,700/month each, providing immediate cash flow with tenants already in place. (One residential tenant expecting to vacate in November.) With a total rental income potential of $6,800/month once the vacant units are leased, This property boasts a prime downtown location that ensures excellent exposure for businesses and convenience for residents. The versatile space is suitable for retail, office, or mixed-use options, catering to a diverse clientele and adapting to various business needs. With two units already leased, your investment is partially secured, providing peace of mind and immediate cash flow. Don't miss out on this fantastic opportunity to own a prime commercial property in Downtown Griffin with robust rental income potential; contact us today to schedule a viewing and explore the endless possibilities this property has to offer!

Location

State GA

County Spalding

Zoning CBD

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features On Street, Parking Lot

Utilities Available Cable Available, Electricity Available, Water Available

View Y/N No

Garage No

Private Pool No

Building

Lot Description City Lot, Corner Lot, Level

Faces GPS FRIENDLY

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 013 33028A

Special Listing Condition Resale

Pat Sheppard

Broker Associate | PHPA313775

+1(678) 793-8612

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Atlanta, GA

Pat Sheppard

125 W Solomon Griffin, GA 30223

Key Details

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Interior

Exterior

Building

Others

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125 W Solomon