Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

5099 Memorial Dr 3,355 SF Retail Building Stone Mountain, GA 30083 $1,200,000 ($357.68/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Former Original Pancake House.
  • Drive thru can be added.
  • Great visibility.

EXECUTIVE SUMMARY

#6331
Stone Mountain Memorial Drive GA Freestanding Restaurant Property for Sale or Lease – No Key Money Required – ALL NEW PRICING
Former Original Pancake House.
5099 Memorial Dr. Stone Mountain, Ga 30083.
3355/SF.
Situated on .8 acres.
Great visibility.
Drive thru can be added.
Ingress and Egress on busy Memorial Dr. (36,700 VPD)
Population 115,000. (3 mi)
Median HH Income $52,000. (3 mi)
20ft hood vent system intact.
Walk-in refrigerator.
Above ground grease interceptor.
Lease for $7500 Monthly.
Master policy/ building and liability coverages at approximately $5500 annually.
Real Estate Taxes $11,000 Annually.
OR
Buy Real Estate and Building for $1,200,000.
Landlord open to providing Tenant Improvement Dollars or Build to Suite Dollars for a National Credit Tenant.
Nearby retailers include Walmart, Popeyes, Burlington, Taco Bell, Chick-fil-A, DTLR, Footlocker and more.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,355 SF
Building Class
B
Year Built
1987
Price
$1,200,000
Price Per SF
$357.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.80 AC
Zoning
C1 - neighborhood commercial zoning district that allows for small-scale businesses and retail shopping
Frontage
153’ on Memorial Dr

AMENITIES

  • Restaurant
  • Drive Thru

NEARBY MAJOR RETAILERS

Planet Fitness
IHOP
Waffle House
Bank of America
Truist
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-043-02-081
Land Assessment
$145,480
Improvements Assessment
$94,520
Total Assessment
$240,000
  • Listing ID: 34567291

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 5099 Memorial Dr, Stone Mountain, GA 30083

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}