118 Stockbridge Rd - Medical FOR SALE


Jonesboro, GA 30236
$799,000 USD
678-644-1712
118 Stockbridge Rd, Jonesboro, GA for Sale
$799,000 USD
Medical - FOR SALE
1/28
null | 14.28% Cap Rate

118 Stockbridge Rd
Jonesboro, GA 30236


HIGHLIGHTS

  • Prominent Historic Downtown location
  • Steps from the Clayton County Courthouse
  • Corner Lot with Strong Visibility
  • Positioned within a growing and diverse county of nearly 300,000 residents
  • Opportunity to leverage historic character while creating modern functionality
  • Historic District Adaptive Reuse Opportunity located within H-1 and H-2 Historic District zoning

OVERVIEW

*Adaptive Reuse Medical & Professional Campus Opportunity | Downtown Jonesboro* Positioned just steps from the Clayton County Courthouse and the civic core of Historic Downtown Jonesboro, 118 & 112 Stockbridge Road present a rare adaptive reuse opportunity for medical office, professional services, counseling, nonprofit organizations, educational programs, wellness providers, and community-serving institutions seeking a meaningful presence within one of South Metro Atlanta’s most authentic historic districts. The offering includes an approximately 6,161-square-foot professional office building together with an adjacent approximately 1,190-square-foot residential structure situated on approximately 1.36 combined acres, creating a flexible campus-style environment capable of supporting a broad range of institutional, healthcare, medical office, administrative, and community-oriented uses. With approximately 20 private offices or exam rooms, reception areas, meeting space, kitchen/break areas, shared common areas, and on-site parking, the property offers immediate functionality for organizations seeking a more institutional and campus-oriented setting than conventional strip-center or retail office space. Located within the Historic District (H-1 & H-2 zoning) and Arts & Entertainment Overlay, the property benefits from the character, walkability, visibility, and civic identity that continue to drive reinvestment throughout Downtown Jonesboro. For investors and organizations who value the stability and long-term identity of historic districts, this framework helps preserve the architectural integrity and community character that make Downtown Jonesboro unique. Property Highlights • Approximately 7,351± SF combined campus opportunity • Approximately 6,161 SF professional office building • Adjacent approximately 1,190 SF residential structure • Approximately 1.36 combined acres • Approximately 20 private offices or exam rooms • Reception areas, kitchen/break areas, and shared common space • Approximately 30± on-site parking spaces • Corner lot with visibility along Stockbridge Road • Flexible layout for single-user, institutional, or multi-suite occupancy • Campus-style environment ideal for medical, wellness, nonprofit, educational, or professional office users • Existing office configuration may reduce tenant improvement costs for healthcare and professional occupancy • Convenient access to Tara Boulevard, I-75, I-285, and Hartsfield-Jackson Atlanta International Airport • Located within Historic Downtown Jonesboro near government offices, schools, restaurants, and community services Potential Uses Include • Physical therapy and rehabilitation services • Speech or occupational therapy • Counseling and behavioral support services • Nutrition and wellness practices • Chiropractic or healthcare-related services • Home health administration offices • Professional office occupancy • Nonprofit or educational organizations • Workforce development or training programs • Administrative or institutional uses The adjacent residential structure adds an additional layer of flexibility and may support administrative offices, live/work concepts, support operations, or organizational expansion. Offering The properties located at 118 & 112 Stockbridge Road are offered together for sale at $799,000. Ownership will also consider leasing opportunities for qualified medical, professional, nonprofit, wellness, counseling, educational, and institutional users. Flexible lease structures, phased occupancy opportunities, and tenant improvement discussions may be considered. Please see Leasing Terms and Offering Memorandum for additional leasing information. For additional information or to schedule a confidential tour, please contact: Altimese Dees Gallery Commercial Real Estate 678-644-1712

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

14.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building A

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

Historic 2

APN/PARCEL ID

13-0241B-00D-002,13-0241B-00D-011

ASK ABOUT THIS PROPERTY

Altimese DeesThe Real Estate Gallery of GeorgiaMore Info
678-644-1712

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Altimese DeesThe Real Estate Gallery of GeorgiaMore Info
678-644-1712

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