1345 Ronald Reagan Blvd - Showroom FOR SALE


Cumming, GA 30041
$879,999 USD
770-874-9210
1345 Ronald Reagan Blvd, Cumming, GA for Sale
$879,999 USD
Showroom - FOR SALE
1/30
null | Request Cap Rate

1345 Ronald Reagan Blvd
Cumming, GA 30041


HIGHLIGHTS

  • 0.829ac with frontage along S. Forsyth Commercial corridor, Ronald Reagan Blvd
  • Income-producing with fully occupied duplex currently on property - over $20,000/yr
  • Potential home for medical professional or site for medical office with rezoning

OVERVIEW

Duplex zoned R2R and fully occupied. A unique opportunity for investors, medical professionals and developers as this piece is ideal for commercial office, medical office use, or nurse/staff/student facility once re-zoned. Sitting just across Ronald Reagan Blvd from Northside Hospital Forsyth campus, this piece could be home to a medical professional looking to live close to work. Just minutes off of the GA400 Exit at Buford Hwy (GA-20) and sitting directly across Ronald Reagan Blvd from Northside Hospital Forsyth campus this site is easily accessible and surrounded by medical facilities, shops, dining, and other businesses. Zoned R2R (Single Family Residential Restricted District) this is the only residential property on Ronald Reagan and as such sits within a residential character area, however, is directly adjacent to a major commercial character area. This .82ac piece is located within Forsyth County adjacent to city limits of Cumming and at the edge of Cumming's institutional and highway business districts with frontage along S. Forsyth Commercial Corridor, Ronald Reagan Blvd and less than 0.5mi from S. Forsyth Commercial Corridor, Buford Hwy (GA-20). This property produces over $20,000 worth of rental income per year with a total of two tenants. Monthly expenses for property are approximately $1230.00.

FOR SALE DETAILS

PRICE

$879,999 USD

PRICE/SF

$388 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - County, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,719

ZONING

Current R2R

APN/PARCEL ID

152-069

ASK ABOUT THIS PROPERTY

Emily HardigreeThe Good GroupMore Info
770-874-9210

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Emily HardigreeThe Good GroupMore Info
770-874-9210

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