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Decatur/Scottdale Area Mixed-Use Campus 3 Specialty Properties Offered at $1,295,000 in Scottdale, GA
Investment Highlights
- Existing lease in place with long term tenant in 319 Aldridge Ave., other two buildings can be owner occupied or leased
- Excess land can accommodate construction of additional structures or expansion of existing buildings
- Building B can also be live/work: has full kitchen plus bathroom with bath/shower
- 318 Patterson Ave (Building D) can be purchased separately
- Commercial zoning
- Located minutes from Downtown Decatur, Avondale Estates and I-285
Executive Summary
Three recently renovated freestanding structures - originally part of a historic church campus
Existing tenants/leases in place for two out of three buildings, with current tenant interest in expanding into owner/occupied building.
Proforma NOI of $92,452 if all buildings are leased at market rates.
Excess land can accommodate construction of additional structures or expansion of existing buildings.
Great for a creative office user, law firm, medical/dental practice or professional office
Commercial zoning (M Industrial), located in Scottdale Tier 1 Overlay district, DeKalb County
Building B can also be live/work: has full kitchen plus bathroom with bath/shower
Located minutes from Downtown Decatur, Avondale Estates and I-285
Existing tenants/leases in place for two out of three buildings, with current tenant interest in expanding into owner/occupied building.
Proforma NOI of $92,452 if all buildings are leased at market rates.
Excess land can accommodate construction of additional structures or expansion of existing buildings.
Great for a creative office user, law firm, medical/dental practice or professional office
Commercial zoning (M Industrial), located in Scottdale Tier 1 Overlay district, DeKalb County
Building B can also be live/work: has full kitchen plus bathroom with bath/shower
Located minutes from Downtown Decatur, Avondale Estates and I-285
Property Facts
| Price | $1,295,000 | Number of Properties | 3 |
| Price / SF | $217.28 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 5,960 SF |
| Status | Active | Total Land Area | 1.95 AC |
| Price | $1,295,000 |
| Price / SF | $217.28 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,960 SF |
| Total Land Area | 1.95 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
A
319 Aldridge Ave, Scottdale, GA 30079 |
Specialty | 3,310 SF | 1950 | - |
| 318 Patterson Ave, Scottdale, GA 30079 | Specialty | 1,400 SF | 1950 | - |
|
B
319 Aldridge Ave, Scottdale, GA 30079 |
Specialty | 1,250 SF | 1950 | - |
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Decatur/Scottdale Area Mixed-Use Campus
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