$1,975,000
$2,200,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
24,900 SqFt
SOLD DATE : 12/14/2023
Key Details
Sold Price $1,975,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 24,900 sqft
Price per Sqft $79
MLS Listing ID 10187704
Sold Date 12/14/23
HOA Y/N No
Year Built 1987
Annual Tax Amount $12,263
Tax Year 2022
Lot Size 1.860 Acres
Acres 1.86
Lot Dimensions 1.86
Source Georgia MLS 2
Property Description
Property Description: This unique warehouse/storage property offers over 24,000 SF of space, including three warehouses and 42 storage units on 1.86+/- acres. Just off Atlanta Hwy in West Athens, this property is zoned Commercial General (C-G). All three warehouses in this portfolio are fully leased. Warehouse #1 has 9,000 SF in total and consists of approximately 7,000 SF of warehouse space with a 10' grade-level rollup door and roughly 2,000 SF of showroom/office space. Warehouse #2 has 7,500 SF in total and features around 4,500 SF of warehouse space with a clear height of 13'10 up to 15' 7 with three grade-level 12' roll-up doors. It also encompasses approximately 3,000 SF of office space. Warehouse #3 is a 2,250 SF open warehouse with 2 8' grade-level roll-up doors. This property also includes 42 storage units totaling 6,150 SF that have stayed 50%+ leased with little effort or marketing. There are (3) larger 600 SF+/- units, (8) 10'x20' units, (20) 10'x10' units, and (11) 5'x10'. This is a one-of-a-kind opportunity. Area Description: Located at 118 and 120 Commerce Blvd, just off Atlanta Hwy in West Athens, this property is just minutes from everything. You can be to Hwy 78 or Hwy 316 in under 5 minutes, and to Downtown Athens and UGA is just 13 minutes. This Atlanta Highway corridor continues to be one of the busiest corridors in Athens, with a high concentration of small businesses from various sectors.1. Multi-Property Warehouse/Storage Investment, 2. 3 Warehouses and 42 Storage units, 3. Over 24,000 SF of Space Total, 4. Income In-Place with Upside, 5. Just Minutes to Hwy 316 and Hwy 78
Location
State GA
County Clarke
Zoning C-G
Interior
Heating Central
Cooling Electric
Flooring Other
Fireplace No
Exterior
Parking Features Paved, Parking Lot
Utilities Available Sewer Available, Water Available
View Y/N No
Roof Type Metal
Garage No
Private Pool No
Building
Lot Description Level
Faces Follow the 10 Loop to exit 18 for US-78 BUS/GA-10/Atlanta Hwy towards Monroe. Follow GA-10 W/US-78 BUS W/Atlanta Hwy for 0.8 miles. Once your pass McDonald's, you will turn left onto Commerce Blvd. The property will be 0.1 miles on your right.
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID 073 026
Special Listing Condition Resale
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States