Bought with Laura X. Lee • Real Legacy Realty of Atlanta
$1,108,000
$1,300,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
0.49 Acres Lot
SOLD DATE : 12/13/2024
Key Details
Sold Price $1,108,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10313884
Sold Date 12/13/24
Construction Status Resale
Year Built 2000
Annual Tax Amount $7,723
Tax Year 2023
Lot Size 0.490 Acres
Property Description
Excellent investment opportunity! This dynamic auto shop is situated in a highly desirable location with heavy foot traffic, just minutes away from Highways 316 and 85. The facility is divided into two sections, offering a total of 12 bays to accommodate all your needs. The first section features 7 spacious bays, accompanied by an office area and two pristine restrooms. It boasts freshly painted garages with epoxy floors and tile work throughout the office and restrooms. Meanwhile, the second section offers an additional 5 bays, complete with its own office space and two restrooms. Currently, the 5-bay section is leased on a month-to-month basis. The property is zoned BG (Business General) but is grandfathered for 2 Automotive Uses, including General Automotive Repair and Automotive Detail/Clean Up. Both suites come with existing licenses. New tenants must obtain their license within 6 months from the old tenant vacating to maintain the grandfather clause.
Location
State GA
County Gwinnett
Zoning B-G
Interior
Heating Central, Natural Gas
Cooling Central Air, Office Area Only
Flooring Concrete, Tile
Exterior
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
Roof Type Metal
Building
Sewer Public Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Small Business Loan
Listing Terms Cash, Conventional, Small Business Loan
Financing Other
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States