321 West Ave - Office/Residential FOR SALE


Cedartown, GA 30125
$150,000 USD
301-706-4619
321 West Ave, Cedartown, GA for Sale
$150,000 USD
Office/Residential - FOR SALE
1/28
null | Request Cap Rate

321 West Ave
Cedartown, GA 30125


HIGHLIGHTS

  • STARTING BID $150,000 | 85% Occupied | 9,935 Square Feet | AUCTION JUNE 23-25, 2025
  • ±9,935 SF, 85% Occupied Retail Plaza in Cedartown, GA (60 Miles West of Atlanta)
  • Near Signalized Intersection of West Ave (±6,412 VPD) and S College St (±5,713 VPD) in Main Commercial Corridor
  • Substantial Value-Add Opportunity to Increase In-Place Rents | Cash Flow Upside Via Vacancy Absorption and Conversion from Gross to NNN Leases
  • Nearby National Retailers: Dollar General Market, RAC, Family Dollar, Ace Hardware, Auto Zone, Domino’s, CVS, Walgreens, Kroger, and More
  • Attractive 2024 Demographics with Population of ±21,107 and Annual Household Income of ±$64,046 (5-Mile)

OVERVIEW

Marcus & Millichap is pleased to offer for sale (the “Property”), a multi-tenant retail building located at 321 West Avenue in Cedartown, Georgia. The Property provides an exceptional opportunity to acquire a highly visible investment property with strong cash flow. The Property is a 9,935 square foot retail building on a 0.682-acre parcel situated within a dense retail and business corridor. The Property offers excellent visibility, convenient access, and ample surface parking for both tenants and visitors. Located near the signalized intersection of West Avenue and S College Street, it benefits from combined traffic counts of 12,125 vehicles per day. The Property benefits from strong demand generators and is surrounded by many residential neighborhoods, as well as numerous national credit tenants including Dollar General Market, RAC, Family Dollar, Ace Hardware, Auto Zone, Domino’s, CVS, Walgreens, Kroger, and many others. Cedartown is a city in northwest Georgia, located in Polk County, roughly 20 miles from the Alabama state line and about 60 miles northwest of downtown Atlanta. Cedartown offers direct access to U.S. Routes 278 and 27, positioning it as a key regional hub for retail and business services. The area is characterized by compelling demographics, with a 2024 population of approximately 21,107 people and an average annual household income of approximately $64,046 within a 5-mile radius. Within five miles of Property, the population has grown 2.81% since 2020 and is anticipated to grow another 5.38% between 2024 and 2029.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$15 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Auction - Cedartown Shopping Center | 85% Occ

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

C12-057

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

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