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246-264 W Elm St
Rockmart, GA 30153

Economy Storage + Retail Bldg · Retail Property For Sale

Investment Highlights

  • Well-built, recent construction, all masonry
  • Centrally located in city with strong traffic pattern, next to Silver Comet Trail
  • Good storage upside with better management and marketing
  • Storage is 90% occupied, retail at 60% leaves substantial upside
  • Minimal competition in the market
  • Motivated sellers

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
18,000 SF
Building Class
C
Year Built
1958
Tenancy
Multiple
Building Height
1 Story
Parking
75 Spaces (4.17 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Tenant Controlled HVAC
  • Storage Space

About 246-264 W Elm St , Rockmart, GA 30153

This facility is a well-designed combination of self-storage and retail. The retail has more vacancy than the storage, therefore it could be advantageous to convert some of the retail space to climate control storage as there is a very limited supply in this market. Climate control storage in this market should bring $1.00/sf/mo so there is good potential for infill profit there. This property presents a very attractive package next door to the Silver Comet Trail, a prominent bike and hiking trail that traverses much of northwest Georgia. This facility is located on the northwest fringe of the Atlanta MSA. This northwest arc is experiencing strong growth that centers between the I-20 W and I-75 N corridors and is only 17 miles from the exploding growth area near Cartersville and Marietta.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R12-070A
  • R12-070
Land Assessment
$53,456
Improvements Assessment
$489,881
Total Assessment
$543,337
  • Listing ID: 18727752

  • Date on Market: 3/3/2020

  • Last Updated:

  • Address: 246-264 W Elm St, Rockmart, GA 30153

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