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500 W Lanier Ave - Unit 410 1,848 SF Office Condo Unit Offered at $299,900 in Fayetteville, GA 30214
Executive Summary
Great Office Condo in the heart of Fayetteville! Located in the Magnolia Office Park, a lovely 2 story office condo, great for professional services, IT, accounting, education, consulting and law offices. Uniquely different from most office park offices, outfitted with beautiful crown moulding throughout. This condo has a reception area, conference room, 4 corner offices with windows, 2 interior offices/break room/storage rooms. Equipped with a small kitchenette and accessible bathroom. Within walking distance of downtown Fayetteville, offering restaurants, a brewery, City Center, a park, and other amenities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 05-23-18-044 |
| Cap Rate | 7.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| APN/Parcel ID | 05-23-18-044 |
Description
Great Office Condo in the heart of Fayetteville! Located in the Magnolia Office Park, a lovely 2 story office condo, great for professional services, IT, accounting, education, consulting and law offices. Uniquely different from most office park offices, outfitted with beautiful crown moulding throughout. This condo has a reception area, conference room, 4 corner offices with windows, 2 interior offices/break room/storage rooms. Equipped with a small kitchenette and accessible bathroom. Within walking distance of downtown Fayetteville, offering restaurants, a brewery, City Center, a park, and other amenities.
Sale Notes
Investors dream, easily rents for $2200 per month.
POA $283/month. Covers water, insurance for the outside and lawn maintenance. Slepian & Schwartz is the preferred closing attorney.
POA $283/month. Covers water, insurance for the outside and lawn maintenance. Slepian & Schwartz is the preferred closing attorney.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 410 | 1,848 SF | Office | $299,900 ($162.28/SF) | $20,993 |
Unit 410
| Unit Size |
| 1,848 SF |
| Condo Use |
| Office |
| Price |
| $299,900 ($162.28/SF) |
| NOI |
| $20,993 |
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Unit 410
| Unit Size | 1,848 SF |
| Condo Use | Office |
| Price | $299,900 ($162.28/SF) |
| NOI | $20,993 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| APN/Parcel ID | 05-23-18-044 |
| Description | |
| Great Office Condo in the heart of Fayetteville! Located in the Magnolia Office Park, a lovely 2 story office condo, great for professional services, IT, accounting, education, consulting and law offices. Uniquely different from most office park offices, outfitted with beautiful crown moulding throughout. This condo has a reception area, conference room, 4 corner offices with windows, 2 interior offices/break room/storage rooms. Equipped with a small kitchenette and accessible bathroom. Within walking distance of downtown Fayetteville, offering restaurants, a brewery, City Center, a park, and other amenities.</li></ul> | |
| Sale Notes | |
| Investors dream, easily rents for $2200 per month.<br> POA $283/month. Covers water, insurance for the outside and lawn maintenance. Slepian & Schwartz is the preferred closing attorney.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,848 SF | Typical Floor Size | 924 SF |
| Property Type | Year Built | 2004 | |
| Building Class | B | Lot Size | 0.03 AC |
| Floors | 2 | ||
| Zoning | GC - Commercial | ||
| Total Building Size | 1,848 SF |
| Property Type | |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 924 SF |
| Year Built | 2004 |
| Lot Size | 0.03 AC |
| Zoning | GC - Commercial |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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500 W Lanier Ave - Unit 410