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2978-2980 Rainbow Dr
Decatur, GA 30034
Unit A, B, C · Retail Property For Sale
EXECUTIVE SUMMARY
**Units, A, B & C** Motivated seller- Great investment opportunity just south of Druid Hills! This prime 5,300 sqft commercial property on 0.8 acres features three fully leased units, offering immediate and stable cash flow. Tenants include a long-standing barbershop, a popular hair salon, and a busy tire shop, ensuring diverse, steady foot traffic and strong visibility. With excellent road frontage, ample parking, and close proximity to major corridors, this property is perfectly positioned for continued appreciation and long-term income. Ideal for investors seeking a turnkey asset in a high-growth area—don’t miss this rare chance to own a fully occupied, income-producing property in one of the most desirable commercial pockets of the city.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,300 SF
Building Class
C
Year Built
1979
Price
$850,000
Price Per SF
$160.38
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.15
Lot Size
0.80 AC
Zoning
C1 - General Commercial
Parking
27 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
162’ on Rainbow Dr
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 15-121-02-008 | Improvements Assessment | $218,320 |
| Land Assessment | $83,320 | Total Assessment | $301,640 |
PROPERTY TAXES
Parcel Number
15-121-02-008
Land Assessment
$83,320
Improvements Assessment
$218,320
Total Assessment
$301,640
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