For Sale
For Sale
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Year Built
1962
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Total Building Size
5,680 RSF
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Overview
This property is located right off the intersection of Memorial Drive and Columbia Drive. Previously used as office spaces and a general medical practice and dental facility, this property is in high demand. High Traffic Count, High Visibility, High Accessibility. Zoned C-1 Commercial. Ideal for redevelopment. 100% occupancy. Two of the three leases are month to month. The gross monthly rental income is $6,600 per month. Located by numourous restaurants and banks, makes this a ideal location for possible redevelopment. One story, office style brick building on 1.41 acres. This property is well positioned for adaptive reuse, re-positioning or redevelopment. Currently the building layout is in three separate suites. Two are leased as general office spaces and the third space is leased to a dentistry practice. The three suite commercial building boasts High Traffic Count, High Visibility, High Accessibility and is Zoned C-1 Commercial in unincorporated Dekalb County. The building is 100% occupancy and two of the three leases are month to month. The gross rental ncome is $6,600 per month
Property Details
Decatur Redevelopment - Office Investment Opportunity
This property is located right off the intersection of Memorial Drive and Columbia Drive. Previously used as office spaces and a general medical practice and dental facility, this property is in high demand. High Traffic Count, High Visibility, High Accessibility. Zoned C-1 Commercial. Ideal for redevelopment. 100% occupancy. Two of the three leases are month to month. The gross monthly rental income is $6,600 per month. Located by numourous restaurants and banks, makes this a ideal location for possible redevelopment. One story, office style brick building on 1.41 acres. This property is well positioned for adaptive reuse, re-positioning or redevelopment. Currently the building layout is in three separate suites. Two are leased as general office spaces and the third space is leased to a dentistry practice. The three suite commercial building boasts High Traffic Count, High Visibility, High Accessibility and is Zoned C-1 Commercial in unincorporated Dekalb County. The building is 100% occupancy and two of the three leases are month to month. The gross rental ncome is $6,600 per month
- Property TypeMedical Office, Office
- Submarket
- Year Built1962
- Sale Price$795,000
- Total Building Size5,680RSF
- Total Acres1.41
- Building ClassB
- Sale StatusAvailable
- Property ID415011