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Commercial Property · For Sale

802 N Main ST, Cedartown Active

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Asking price
$795,000
Price / SF
$77.36
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
10,276 sq ft
Year built
1982
NOI
Tenancy
Building height
Building FAR
Lot size
1.00 acres
Zoning
C3-Commercial
Frontage
Listing #
EN-1282
MLS #
20105247

802 N Main St. is a mixed-use income producing property that is ideally positioned on a 1 acre highly trafficked corner lot in Cedartown, GA. 2023 is on trend to net over $125,000 this year as is. The diverse mix of revenue generating entities includes an established Four Seasons Car Wash and 3 buildings that are home to 6 tenants. The Four Seasons Car Wash is an established business with 6 self service bays, 10 vacuums and a 60-foot front wheel pull conveyor wash with reclaimed water system. This cash-flowing asset also offers vending machines for car wash products, dollar bill changer and card reading machines on all vacuums and some wash bays. Three metal buildings, with a total of 23 parking spaces, generate $4300/ month with 6 long-term tenants with the potential to increase rent rates and add 2 more tenants. Zoned C-3 for Commercial on 1 acre, the property is conveniently located next to a shopping center with notable tenants such as Kroger and Planet Fitness. Rent rates can be increased to market rates for immediate growth potential.

Location

GAMLS
Listed by Hardy Realty & Development Company
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 20105247

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