ENHOUZ™Business Marketplace
Commercial Property · For Sale

2988 Rainbow DR, Decatur Active

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Asking price
$425,000
Price / SF
$140.64
Cap rate
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Sale type
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Property type
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Property subtype
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Building class
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Building size
3,022 sq ft
Year built
1974
NOI
—
Tenancy
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Building height
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Building FAR
—
Lot size
0.46 acres
Zoning
Commercial
Frontage
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Listing #
EN-42959
MLS #
10866629

2988 Rainbow Drive, Decatur, GA 30034, is a single-story commercial building located in the Panthersville area. The property is approximately 3,022 square feet and sits on roughly 0.46-0.50 acres, with about 20 parking spaces and approximately 106 feet of frontage along Rainbow Drive. Built in 1974, the building is described as a flexible retail/storefront space with an open interior, office or reception area, bathroom, and drive-through access. The property is zoned for commercial use and has been associated with a dry-cleaning/retail business.

Location

GAMLS
Listed by Market South Properties Inc.
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10866629

Local market insights

AI-generated general context — not specific to this business. Always verify independently.

DEKALB County snapshot

DeKalb County, located just east of Atlanta, is a large, densely populated county with a population that has been relatively stable to modestly growing in recent years, supported by its proximity to the Atlanta metro job market. It has a socioeconomically diverse population with a wide range of income levels—generally middle-income overall, with more affluent pockets near Emory University and Decatur, and lower-income areas in the southern parts of the county. Economically, the county benefits from a mix of established residential communities, healthcare and education anchors (like Emory and the CDC), and ongoing commercial development, giving it a mature but still evolving business environment. For a small business buyer, this suggests a market with steady, diverse consumer demand rather than explosive growth, where success often depends heavily on the specific neighborhood or submarket within the county.

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