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Old Mill Place Shopping Center 461 Old Mill Rd 12,600 SF 55% Leased Retail Building Cartersville, GA 30120 $1,600,000 ($126.98/SF)
Investment Highlights
- Excellent location on West side of Cartersville along HWY 113
- VALUE ADD property
- Only long-term tenant is liquor store (Toad's Beverage)
Executive Summary
VALUE ADD strip center. For an investor willing to renovate, this property will bring ~15$/SF. Only one long-term tenant (liquor store). Excellent location on the West side of Cartersville. Do not submit offers below 1,450,000. Need a quick turnaround time, subject to PH1 ESA and clear title.
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Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
12,600 SF
Building Class
B
Year Built
1986
Price
$1,600,000
Price Per SF
$126.98
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.11 AC
Zoning
GC - General Commercial
Parking
56 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Security System
- Signage
- Air Conditioning
- On-Site Security Staff
Nearby Major Retailers
Property Taxes
| Parcel Number | C036-0001-006 | Improvements Assessment | $306,940 |
| Land Assessment | $130,000 | Total Assessment | $436,940 |
Property Taxes
Parcel Number
C036-0001-006
Land Assessment
$130,000
Improvements Assessment
$306,940
Total Assessment
$436,940
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Old Mill Place Shopping Center | 461 Old Mill Rd
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