Clark's Corner Downtown Acworth
2 Retail Properties Offered at $2,150,000 in Acworth, GA
Investment Highlights
- Highly visible location on Main Street
- Updated metal structures with new TPO roofing
- Downtown Acworth Mill District (open container zone)
- Steel-frame buildings with masonry
Executive Summary
Prime investment opportunity in Downtown Acworth's "Mill District". High visibility retail/office on Main Street with it's own parking lot. This portfolio includes two stand-alone buildings with Main Street frontage. 4510 has 1,689 rentable sqft and 2 units (that can be combined). 4500 has 5,250 rentable sqft and has a total of 7 units (most of which can be combined or configured as needed on the interior). Steel frame building with masonry and TPO on metal roof. Both buildings feature new roof and updated mansard/fascia 2022-23 as well as updated HVAC units. Call for showing appointments or questions.
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access |
Annual |
---|---|
Gross Rental Income | $99,999 |
Other Income | - |
Vacancy Loss | - |
Effective Gross Income | $99,999 |
Taxes | $99,999 |
Operating Expenses | $99,999 |
Total Expenses | $99,999 |
Net Operating Income | $99,999 |
Property Facts
Price | $2,150,000 |
Price / SF | $309.84 / SF |
Sale Conditions | 1031 Exchange |
Cap Rate | 5.58% |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 6,939 SF |
Total Land Area | 0.37 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Clark's Corner
4500 S Main St, Acworth, GA 30101 |
Retail | 5,250 SF | 1988 | - |
Styles on Main
4510 S Main St, Acworth, GA 30101 |
Retail | 1,689 SF | 1972 | - |
1 of 1