2418 Canton Rd - Restaurant FOR SALE


Marietta, GA 30066
$2,495,000 USD
770-992-5112
2418 Canton Rd, Marietta, GA for Sale
$2,495,000 USD
Restaurant - FOR SALE
1/84
null | Request Cap Rate

2418 Canton Rd
Marietta, GA 30066


HIGHLIGHTS

  • 2023 HVAC, 2021 Roof
  • Zoned NRC, future zoning NAC
  • 9,939 SF Free Standing Retail Building, 3500 SF kitchen
  • 3 Grease traps in good condition
  • Building will be vacant upon sale

OVERVIEW

Introducing a prime investment opportunity in Marietta, GA - a 9,939 SF retail building on 2 paved parcels, ideal for an astute commercial/retail or restaurant investor. Built in 1985, this property encompasses 2 parcels spanning 2.44 AC and is zoned Neighborhood Retail Commercial (NRC), offering flexibility and potential for development. This is a standalone building with two new 10-ton HVAC units (2023) and new PVC roof as of 2021. Both parcels have a total of 211 parking spots, about 250 feet of road frontage, and signage of Canton road. This site presents a great opportunity for another restaurant user, an event center, a banquet hall, a brewery, a self-storage site, or potentially a healthcare center being only 3 miles from Wellstar of Marietta. Included in the asking price is 2 paved parcels that the owner would consider selling separately. Parcel A is 1.64 acres with the 9939 SF retail building and 111 parking spots. Parcel B is a paved lot on .803 acres, with full access to sewer and electricity, and has significant road frontage on Canton Road. This parcel could easily be developed for a quick service restaurant or small retail store. It has easy ingress/egress from Canton road and currently has 100 parking spots. The asking price for both parcels is $2,495,000. The asking price for Parcel A, which includes the restaurant and 1.64 acres, is $2,200,000. The asking price for Parcel B, the paved outparcel on .803 acres, is $549,000. The restaurant will be vacant upon sale. Reach out to Jacob Bower for more info.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Price Reduction - Restaurant on 2.44 Acres

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

211

LAND DETAILS

LAND ACRES

2.44 AC

LAND SF

106,286 SF

ZONING

NS, County

APN/PARCEL ID

16-0637-0-015-0

ASK ABOUT THIS PROPERTY

Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

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Jake CrevistonSVN Creviston RealtyMore Info
770-992-5112

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