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3113 Stone Mountain St

2,979 SF Retail Building Lithonia, GA 30058 £508,593 (£171/SF)

Investment Highlights

  • Recently renovated
  • Positioned at major intersection
  • New HVAC recently installed

Executive Summary

Prime Commercial Opportunity in Historic Downtown Lithonia
Commercial property with exceptional potential, currently operating as an Event Facility.
Current Property Highlights:
Elegant Event Space: The interior features a refined ballroom with soaring 16-foot ceilings and stunning decorative chandeliers, creating an opulent ambiance perfect for hosting upscale events. With a capacity to comfortably accommodate up to 100 guests, the venue is ideal for weddings, corporate meetings, and other special occasions.
Charming Outdoor Area: The property includes a beautifully landscaped garden area with a covered patio, offering an enchanting setting for outdoor ceremonies, receptions, or gatherings, enhancing its appeal for a variety of events.
Historic Downtown Location: Situated in the heart of Lithonia, this property benefits from the charm and character of a historic town. The area is somewhat walkable, with convenient access to nearby amenities such as churches, schools, and local businesses, providing added value for event hosting.
Investment Potential:
Flexible Commercial Zoning: The property is zoned for general commercial use, making it suitable for a broad range of retail, service, and business activities. This flexibility offers significant potential for investors and owner-users looking to capitalize on a dynamic location.
Social/Fraternal Hall Designation: The land use designation allows for a variety of functions, including social gatherings, meetings, and events hosted by civic, fraternal, or social organizations. This makes the property an attractive option for groups seeking a dedicated space for their activities.
Property Overview:
Property Type: Special Purpose
Subtype: Clubs
General Use: Clubs, Lodges, Associations, Non-Profits
Overall Use: Clubs, Lodges, Charities
Year Built: 1972
Building Area: 2,979 sq ft
Lot Size: 0.65 acres (28,314 sq ft)
Neighborhood Code: 9109
Asphalt Paving: 15,500 sq ft
Concrete Paving: 1,600 sq ft
Building Condition: Average
Number of Tenants: 1
Multi Parcel Property: No

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,979 SF
Building Class
C
Year Built
1972
Price
£508,593
Price Per SF
£171
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.65 AC
Zoning
C1 - Commercial
Parking
25 Spaces (8.39 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning

Nearby Major Retailers

Wayfield
Krystal
Waffle House
Fuwa Grill
Steak 'n Shake
TGI Fridays
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-136-11-001
Land Assessment
£31,548
Improvements Assessment
£24,788
Total Assessment
£56,336
  • Listing ID: 28431538

  • Date on Market: 08/05/2023

  • Last Updated:

  • Address: 3113 Stone Mountain St, Lithonia, GA 30058

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