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2349 Athens Hwy

1,433 SF Office Building Gainesville, GA 30507 £341,180 (£238/SF) 8% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • high traffic count
  • auto dealer allowed with variance
  • highway business zoning

EXECUTIVE SUMMARY

This commercial property at 2349 Athens Hwy, Gainesville, GA 30507, is a 1,344 sq. ft. building on 1.4 acres, zoned Highway Business (H-B). It offers excellent visibility and a daily traffic count of 33,600 vehicles. Situated just 2.1 miles from I-985, this location is ideal for retail, office, or light industrial use. There is plenty of land for potential expansion or additional parking. Recent upgrades include a new roof (2017), carpet, and plumbing. New siding and new windows. The space has an open floor plan, a handicap-accessible bathroom, and two large rooms for versatile use. Agent owned.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,433 SF
Building Class
B
Year Built/Renovated
1950/2022
Price
£341,180
Price Per SF
£238
Net Initial Yield
8%
NOI
£27,294
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,433 SF
Building FAR
0.02
Lot Size
1.41 AC
Zoning
HB - In Corridor
Parking
10 Spaces (6.98 Spaces per 1,000 SF Leased)

AMENITIES

  • Central Heating
  • Fully Carpeted
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 15-0022C-000-15A Improvements Assessment £24,940
Land Assessment £38,015 Total Assessment £62,955

PROPERTY TAXES

Parcel Number
15-0022C-000-15A
Land Assessment
£38,015
Improvements Assessment
£24,940
Total Assessment
£62,955
(678) 516-3665

CONTACT

  • Listing ID: 33991963

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 2349 Athens Hwy, Gainesville, GA 30507

The Office Property at 2349 Athens Hwy, Gainesville, GA 30507 is currently available for sale. Contact Common Grounds Realty for more information.

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2349 Athens Hwy
(678) 516-3665 x

2349 Athens Hwy

Lamon Warnock

(678) 516-3665

(678) 516-3665

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