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2349 Athens Hwy

1,433 SF Office Building Gainesville, GA 30507 $602,608 CAD ($421 CAD/SF) 8% Cap Rate

Investment Highlights

  • high traffic count
  • auto dealer allowed with variance
  • highway business zoning

Executive Summary

This commercial property at 2349 Athens Hwy, Gainesville, GA 30507, is a 1,344 sq. ft. building on 1.4 acres, zoned Highway Business (H-B). It offers excellent visibility and a daily traffic count of 33,600 vehicles. Situated just 2.1 miles from I-985, this location is ideal for retail, office, or light industrial use. There is plenty of land for potential expansion or additional parking. Recent upgrades include a new roof (2017), carpet, and plumbing. New siding and new windows. The space has an open floor plan, a handicap-accessible bathroom, and two large rooms for versatile use. Agent owned.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,433 SF
Building Class
B
Year Built/Renovated
1950/2022
Price
$602,608 CAD
Price Per SF
$421 CAD
Cap Rate
8%
NOI
$48,209 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,433 SF
Building FAR
0.02
Land Acres
1.41 AC
Zoning
HB - In Corridor
Parking
10 Spaces (6.98 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Fully Carpeted
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-022C-000-015A
Land Assessment
$67,056 CAD
Improvements Assessment
$43,993 CAD
Total Assessment
$111,050 CAD
  • Listing ID: 33991963

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 2349 Athens Hwy, Gainesville, GA 30507

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