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2861-2865 Main St
East Point, GA 30344

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,360 SF
Building Class
C
Year Built
1958
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.34 AC
Zoning
CR, East Point
Parking
20 Spaces (5.95 Spaces per 1,000 SF Leased)
Frontage
99 FT on Main St

AMENITIES

  • Banking
  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Metro/Subway
  • Restaurant

ABOUT 2861-2865 MAIN ST , EAST POINT, GA 30344

Metro Atlanta Fully Occupied Retail Investment This 3,360 SF retail investment opportunity in East Point sits on ±0.34 acres directly across from the East Point MARTA Rail Station and is 100% occupied with two tenants (convenience store and salon). It is zoned CR making it flexible for a variety of tenants and was once home to a restaurant (has grease trap in place). 2861 Main Street - Convenience Store: - ±1,160 SF - $1,215.80/month - 2016 taxes: $1,634.25 2865 Main Street - Salon: - ±2,200 SF - $2,200/month - 2016 taxes: $1,260.71 Offered for sale at $399,000 at a 8.6% cap rate and an annual NOI of $34,495. Insurance is estimated at $3,600 annually. For more information, please contact Daniel Latshaw.

PROPERTY TAXES

  • Listing ID: 6281420

  • Date on Market: 3/15/2017

  • Last Updated:

  • Address: 2861-2865 Main St, East Point, GA 30344