$1,500,000

1924 Clairmont Road , Decatur, GA 30033

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:8,561 sqft
Lot:0.7
Year Built:1950
Listing Status:Active

Listing Agent

Dammann Team
http://www.kwrma.com
Loan Amount:
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Description

The St Micheal's Center is on the market for the first time in 50 years. The subject property, located at 1924 Clairmont Road, Decatur, GA, is an office building zoned (O/I) located in the Decatur submarket. The subject property is a multi-tenant office building consisting of 21 fully leased executive office spaces. The building totals 7,558 square-feet and contains two stories with a terrace level. Market Lease value based on September 2024 Appraisal is $151,160 annually. The property is currently 100% occupied at $111,180 annual income with many long terms tenants. All existing leases are set to expire in 2025. This allows buyer to fully occupy the space if desired. Many tenants will want to renew if purchased as an investment. Property is priced just below appraised value as of Sept 2024.

Detailed Items

Other Information

1924 Clairmont Road, Decatur, GA, 30033 is a commercial sale listing of 8,561 sqft on a lot of 0.7. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1924 Clairmont Road, Decatur, GA
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