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4537 Covington Hwy

2,000 SF Office Building Decatur, GA 30035 $495,000 ($248/SF) 8.19% Cap Rate

Investment Highlights

  • On Public Transportation
  • 1 mile from I-285
  • Current use dental facility

Executive Summary

An exceptional opportunity to own a prominent office building in unincorporated Decatur, Dekalb County. Owner financing available. This distinguished property, formerly a dental office, spans a generous 2,748 sq ft and is brimming with potential to be the new home for your thriving business or a phenomenal investment.This versatile property features a recently replaced roof, ensuring durability and peace of mind for years to come. With three bathrooms and a shower, it's well-equipped to accommodate various business needs. The HVAC system has been meticulously maintained by professionals, ensuring optimal comfort and efficiency. Additionally, the property boasts three entrances, providing ease of access and flexibility for both customers and employees. Don't miss out on this opportunity to secure a space that ticks all the boxes for your business.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,000 SF
Building Class
C
Year Built
1952
Price
$495,000
Price Per SF
$248
Cap Rate
8.19%
NOI
$40,560
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,000 SF
Building FAR
0.08
Land Acres
0.61 AC
Opportunity Zone
Yes
Zoning
OI - Office Institutional
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-190-01-004
Land Assessment
$10,600
Improvements Assessment
$132,960
Total Assessment
$143,560
  • Listing ID: 29952925

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 4537 Covington Hwy, Decatur, GA 30035

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