Bought with Joey Abercrombie • BHHS Georgia Properties
$1,050,000
$950,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
1.28 Acres Lot
SOLD DATE : 12/22/2023
Key Details
Sold Price $1,050,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10207163
Sold Date 12/22/23
Construction Status Resale
Year Built 1978
Annual Tax Amount $18,984
Tax Year 2022
Lot Size 1.280 Acres
Property Description
Prime Commercial Retail Strip Center at High Traffic Intersection in Lithia Springs! Welcome to a fantastic investment opportunity in the heart of a thriving commercial hub. This remarkable commercial retail strip center boasts an enviable location at a high-traffic intersection, just minutes from the I-20 freeway. With its strategic positioning, extensive road frontage, and remarkable visibility, this property is the epitome of prime real estate. Property Features: Location, Location, Location: Situated at a high-traffic intersection, this property enjoys unparalleled accessibility and exposure. It's the perfect spot to capitalize on the steady flow of potential customers. Triple Road Frontage: Offering maximum exposure and accessibility, this property fronts not one, not two, but three roads, ensuring your business is visible from all angles. Solid Construction: Built to last, this retail strip center features brick and masonry construction, a testament to its quality and durability. Recently Replaced TPO Roof: A significant improvement, the TPO roof was replaced just a few years ago. Fully Occupied: This property is currently 100% occupied, boasting a roster with some long-term tenants. A steady income stream is already in place. Value-Add Opportunity: For savvy investors, this property presents an excellent opportunity for a 1031 exchange or new ownership. There's room to enhance its potential and increase value through various strategic initiatives. This is your chance to own a piece of prime commercial real estate that's not only a solid income generator but also a promising investment for the future. Whether you're looking for a secure addition to your portfolio or a strategic location for your business, this is it.
Location
State GA
County Douglas
Zoning Neighborhood Commercial
Interior
Heating Natural Gas, Central, Heat Pump
Cooling Central Air, Electric
Flooring Carpet, Concrete
Exterior
Garage Paved
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Other
Building
Sewer Public Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Investor Owned
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