3393 Memorial Drive, Decatur, GA

Retail for Sale - $325,000 - 3,437 Sq. Ft. on 0.6 acres


Agent Info

Angela Moore

Property Info

CIMLS#1057869
Location
  3393 Memorial Drive
  Decatur GA 30032
UpdatedOctober 15th, 2020
TypeRetail
Price$325,000
Building3,437 Sq. Ft.
Land0.6 acres

Contact


Property Description

FOR SALE

3,437 SF SPECIALTY AUTO REPAIR

3393 Memorial Drive

Decatur, GA 30032

Price: $325,000.00 / $94.55 PSF

Owner User or Investment: 9.7% CAP

Located in Tax Allocation District!

Two Building Total: ± 3,437 SF on ± 0.60 Acres

Tenant in Place for past 16 years; Month-to-Month

Main Building: ±1,925 SF; 2 Bays, Office, Canopy Roof, Fenced Lot; Year Built, 1962

Rear Building: ±1,512 SF, 3 Bays, Year Built, 1962

Includes Rear Trailer & Container

Garage Income: $2,000.00 per month

Billboard Income: $ 625.00 per month

Frontage: 104 feet on Memorial Drive; 2 Curb Cuts

Zoning: C-1 (Commercial)

Parking: 20 Surface Spaces

Traffic Count: 22,500 cars per day along Memorial Drive

Excellent Visibility!

Exclusive Agent:

Angela Moore

Richard Bowers & Co.

404-816-1600

Cell: 404-514-0664

amoore@richardbowers.com


Financials

9.5% CAP Rate

Billboard Income



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