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5290 Atlanta Highway

Alpharetta, GA 30004
  • $3,000,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 10365415
UPDATED: 33 min ago
$3,000,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,670
    SQFT
  • $204
    $/SQFT
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

Presenting a rare and compelling opportunity to acquire a strategically located commercial property along the bustling Atlanta Highway, competitively valued at $3,000,000. This dual-building portfolio, totaling 14,670 square feet and priced at $204.50 per square foot, offers a unique blend of space, flexibility, and growth potential, making it an ideal choice for both owner-occupants and savvy investors. Both buildings are currently under month-to-month leases, providing the new owner with unparalleled flexibility to either occupy the space or adjust rents to align with full market rates. The scarcity of comparable commercial and industrial outdoor storage lots in the area enhances the property's value, offering scale and adaptability for a variety of commercial uses. Value-Add Opportunity: Beyond the existing portfolio, there is an additional value-add opportunity to acquire the adjacent property at 1234 Main Street, located directly behind the second building. This expansion potential further amplifies the investment's appeal, presenting even greater possibilities for commercial development or business expansion. Given its prime location, substantial square footage, and the flexibility of month-to-month leases, this property stands out as a premier investment in Forsyth County's thriving commercial landscape. Seize this opportunity to secure a valuable asset with significant upside potential.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Twenty Eight Realty Co. are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Twenty Eight Realty Co.. Data last updated: 2024-09-08T08:10:18.957.
www.twentyeightrealtyco.com/homes/154134924
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5290 Atlanta Highway Alpharetta, GA 30004

  • Price: $3,000,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 33 min ago
  • MLS #: 10365415
0
Beds
0
Baths
0
½ Baths
0.95
Acres
14,670
SQFT
$204
$/SQFT
1983
Built
County:
Forsyth
Area:
Alpharetta
Property Description
Presenting a rare and compelling opportunity to acquire a strategically located commercial property along the bustling Atlanta Highway, competitively valued at $3,000,000. This dual-building portfolio, totaling 14,670 square feet and priced at $204.50 per square foot, offers a unique blend of space, flexibility, and growth potential, making it an ideal choice for both owner-occupants and savvy investors. Both buildings are currently under month-to-month leases, providing the new owner with unparalleled flexibility to either occupy the space or adjust rents to align with full market rates. The scarcity of comparable commercial and industrial outdoor storage lots in the area enhances the property's value, offering scale and adaptability for a variety of commercial uses. Value-Add Opportunity: Beyond the existing portfolio, there is an additional value-add opportunity to acquire the adjacent property at 1234 Main Street, located directly behind the second building. This expansion potential further amplifies the investment's appeal, presenting even greater possibilities for commercial development or business expansion. Given its prime location, substantial square footage, and the flexibility of month-to-month leases, this property stands out as a premier investment in Forsyth County's thriving commercial landscape. Seize this opportunity to secure a valuable asset with significant upside potential.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Garage YN No Lot Features Level Lot Size Area 41382 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Parking Lot

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 14670 Building Area Units Square Feet Cooling Other Cooling YN Yes Heating Other Heating YN Yes Living Area Source Public Records Living Area Units Square Feet

Property Features

Business Type Auto ServiceProfessional/Office Electric On Property YN Yes Listing Terms CashConventionalOther New Construction YN No Property Condition Resale Property Sub Type CommercialOffice Sewer Other Structure Type OfficeOther Tax Annual Amount 8582.02 Tax Year 2023 Utilities Electricity AvailableWater Available Water Source Other

GAMLS logo Listing provided courtesy of CBC Metro Brokers: 678-320-4800. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Twenty Eight Realty Co. are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Twenty Eight Realty Co.. Data last updated: 2024-09-08T08:10:18.957.
 
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Twenty Eight Realty Co.
34990 Emerald Coast, Suite 380
FL, 32541