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3955 Highway 53

32,000 SF Vacant Retail Building Hoschton, GA 30548 For Sale

Investment Highlights

  • Great visibility of Hwy 53
  • Multi-use building Office/Retail/Light Industrial
  • Across the street from new Kroger's development

Executive Summary

This property can be purchased as an owner occupier or an investor can lease it up for income. This is an adaptive reuse project in the making. Ideal for a health, clinic, and wellness center or all retail. Ideal for showrooms or complete renovation for another use.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
32,000 SF
Building Class
B
Year Built/Renovated
1972/2019
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
3.05 AC
Zoning
C2 - General Commercial. Most retail, restaurants, medical, health and wellness tenants are allowed.
Parking
100 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
480 ft on Highway 53

Amenities

  • Corner Lot
  • Security System
  • Storage Space
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1
  • 5,126 SF
  • Retail
  • -
  • Now
  • 2
  • 5,126 SF
  • Retail
  • End Cap
  • Now
  • 3
  • 5,255 SF
  • Retail
  • In-Line
  • Now
  • 4
  • 7,475 SF
  • Retail
  • End Cap
  • Now

This is a large end cap space.

  • BSMT
  • 4,707 SF
  • Retail
  • End Cap
  • Now

This is the basement space underneath Suite 1. It opens to the outdoor amphitheater/grassy knoll in the rear of the building. This is a perfect space for a speak easy & watering hole.

Space Size Space Use Position Available
1 5,126 SF Retail - Now
2 5,126 SF Retail End Cap Now
3 5,255 SF Retail In-Line Now
4 7,475 SF Retail End Cap Now
BSMT 4,707 SF Retail End Cap Now

1

Size
5,126 SF
Space Use
Retail
Position
-
Available
Now

2

Size
5,126 SF
Space Use
Retail
Position
End Cap
Available
Now

3

Size
5,255 SF
Space Use
Retail
Position
In-Line
Available
Now

4

Size
7,475 SF
Space Use
Retail
Position
End Cap
Available
Now

BSMT

Size
4,707 SF
Space Use
Retail
Position
End Cap
Available
Now

4

Size 7,475 SF
Space Use Retail
Position End Cap
Available Now

This is a large end cap space.

BSMT

Size 4,707 SF
Space Use Retail
Position End Cap
Available Now

This is the basement space underneath Suite 1. It opens to the outdoor amphitheater/grassy knoll in the rear of the building. This is a perfect space for a speak easy & watering hole.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H01-034
Land Assessment
£85,068 (2023)
Improvements Assessment
£115,865 (2023)
Total Assessment
£200,933 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
  • Listing ID: 32235914

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 3955 Highway 53, Hoschton, GA 30548

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