2349 Athens Hwy
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2349 Athens Hwy
1,433 SF Office Building Gainesville, GA 30507 $429,000 ($299/SF) 8% Cap Rate
Investment Highlights
- high traffic count
- auto dealer allowed with variance
- highway business zoning
Executive Summary
This commercial property at 2349 Athens Hwy, Gainesville, GA 30507, is a 1,344 sq. ft. building on 1.4 acres, zoned Highway Business (H-B). It offers excellent visibility and a daily traffic count of 33,600 vehicles. Situated just 2.1 miles from I-985, this location is ideal for retail, office, or light industrial use. There is plenty of land for potential expansion or additional parking. Recent upgrades include a new roof (2017), carpet, and plumbing. New siding and new windows. The space has an open floor plan, a handicap-accessible bathroom, and two large rooms for versatile use. Agent owned.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,433 SF
Building Class
B
Year Built/Renovated
1950/2022
Price
$429,000
Price Per SF
$299
Cap Rate
8%
NOI
$34,320
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,433 SF
Building FAR
0.02
Lot Size
1.41 AC
Zoning
HB - In Corridor
Parking
10 Spaces (6.98 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Fully Carpeted
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 15-022C-000-015A | Improvements Assessment | $31,360 |
| Land Assessment | $47,800 | Total Assessment | $79,160 |
PROPERTY TAXES
Parcel Number
15-022C-000-015A
Land Assessment
$47,800
Improvements Assessment
$31,360
Total Assessment
$79,160
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Common Grounds Realty
2349 Athens Hwy
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