Smyrna Daycare -5,500 SF -1.9 Acres -Licensed 395 Russell Drive 5,500 SF Vacant Retail Building Smyrna, GA 30082 $795,000 ($144.55/SF)

INVESTMENT HIGHLIGHTS

  • Survey, certifications, and more info on property available upon request
  • Large outdoor space, 2 parcels with 1.91 acres total
  • Daycare approved for 97 children
  • Currently Vacant, business licenses transferrable and up to date
  • Across from Russell Elementary School

EXECUTIVE SUMMARY

This is a fantastic opportunity to purchase 2 parcels totaling 1.9 acres right in the heart of the Smyrna suburbs. This property was originally used as a daycare prior to Covid, and can still be used as such as all the Bright from the Start licenses are up to date and grandfathered in through Cobb County. The daycare building has received renovations, but will need further updates to prepare for a daycare. Both properties are zoned R-15. This opportunity is primed for a developer to build homes or renovate as a duplex, as the topography is great, its on sewer, there's no flooding, and its right across from Russell Elementary. Alternatively a daycare operator could easily come in with renovations and continue operating the property under the current transferrable licenses. See OM and flyer for more details, the asking price for both properties is $795,000.
The addresses are as follows-
395 Russell Dr - 1.41 acre parcel with a 5500SF building built in 1973 and renovated to be a day care center. Great wood flooring throughout with a huge basement.
Bridgebrook LN - .5 acre parcel adjacent to 395 Russell Dr. Zoned R-15

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,500 SF
Building Class
B
Year Built
1973
Price
$795,000
Price Per SF
$144.55
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.91 AC
Zoning
R-20 - Zoned MRC for retail or commercial use

AMENITIES

  • Corner Lot

NEARBY MAJOR RETAILERS

Starbucks
Jazzercise

PROPERTY TAXES

  • Listing ID: 31679504

  • Date on Market: 5/9/2022

  • Last Updated:

  • Address: 395 Russell Drive, Smyrna, GA 30082