1125 Fred Smith st - Schools FOR SALE


Monticello, GA 31064
$400,000 USD
404-849-7688
1125 Fred Smith st, Monticello, GA for Sale
$400,000 USD
Schools - FOR SALE
1/5
null | Request Cap Rate

NEW


1125 Fred Smith st
Monticello, GA 31064


HIGHLIGHTS

  • Entire +/- 70,700 square foot former school building
  • Beautiful gymnasium with high barrel ceiling, hardwood floors, natural light, and tons of character
  • Charming Monticello location just over an hour’s drive from Downtown Atlanta
  • Level 3.2 acre M20 zoned lot with private courtyard
  • Offered at only $400,000, a fraction of replacement cost

OVERVIEW

Vision Commercial Advisors is pleased to present an opportunity to acquire an entire +/- 70,700 square foot former school building on 3.2 acres for only $400,000. Originally built in 1956, Washington Park School operated for many decades until decommissioned and sold in 2013. Features a former gymnasium with tons of character: high barrel ceiling, hardwood floors, beaming with natural light. The current owner primarily has used it primarily for storage, however this is a fantastic opportunity for many uses including a film set/production studio. Level 3.2 acre, M20 zoned lot with a private courtyard and beautiful mature trees. Systems such as electrical and plumbing are in disrepair, and roof leaks in some areas, particularly around drains when clogged. Monticello is a charming and growing town known for its historic courthouse square, Southern hospitality, and scenic countryside, and is just over an hour’s drive from Downtown Atlanta. This is your opportunity to buy at a fraction of what a school / warehouse building might cost today.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

M20

APN/PARCEL ID

M05C-031

ASK ABOUT THIS PROPERTY

Daniel LatshawVision Commercial Advisors Inc.More Info
404-849-7688

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Daniel LatshawVision Commercial Advisors Inc.More Info
404-849-7688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.