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Two Tenant Commercial Property | ±2,688 SF 1452 Carroll Dr Nw 2,688 SF 100% Leased Office Building Atlanta, GA 30318 $1,050,000 ($390.63/SF)
Investment Highlights
- ±2,688 SF building
- Two long-term tenants (8 years each)
- Upside with market rents
- Renovated 2018
- Stable income
- West Midtown location
Executive Summary
Rare opportunity to own an income producing two-tenant commercial property in West Midtown Atlanta. Zoned I-2 (Heavy Industrial) allows for a multitude of uses for the property. Currently occupied for over 8 years by a stable State Farm agent on the main level and a successful studio upstairs, this property was completely renovated in 2018. The property is situated near the intersection of Marietta Boulevard in the heart of the thriving West Midtown area of Atlanta near numerous dining, entertainment and housing options.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,688 SF
Building Class
C
Year Built/Renovated
1965/2018
Price
$1,050,000
Price Per SF
$390.63
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,344 SF
Building FAR
0.36
Lot Size
0.17 AC
Zoning
-I2
Amenities
- Fireplace
- Signage
- Central Heating
- Partitioned Offices
- Hardwood Floors
- Air Conditioning
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 17-0192-0001-015-9 | Improvements Assessment | $141,520 |
| Land Assessment | $46,480 | Total Assessment | $188,000 |
Property Taxes
Parcel Number
17-0192-0001-015-9
Land Assessment
$46,480
Improvements Assessment
$141,520
Total Assessment
$188,000
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Two Tenant Commercial Property | ±2,688 SF | 1452 Carroll Dr Nw