450 Stephens St - Storefront Retail/Office FOR SALE


Rochelle, GA 31079
$299,900 USD
450 Stephens St, Rochelle, GA for Sale
$299,900 USD
Storefront Retail/Office - FOR SALE
1/77
null | 11.65% Cap Rate

450 Stephens St
Rochelle, GA 31079


HIGHLIGHTS

  • 11.65% Projected Cap Rate with Multiple Income Streams
  • Established Tenants with Commercial Leases in Place Through 2026
  • Laundromat Equipment Included with Value-Add Upside Potential

OVERVIEW

This versatile strip center presents an exceptional investment opportunity with multiple income-producing spaces and strong upside potential. Recent updates include painting, metal roof sealed, and updated HVACs. The property has 5 separate spaces, 4 currently occupied. An established owner operated laundromat with numerous recent improvements, including washer/dryers reworked and serviced, a security system with 12 cameras accessible by phone, vending machines, an on-site restroom, and a change machine. In addition, there are 3 other leased spaces including an established Restaurant equipped with its own HVAC system and commercial hood, a Holistic Pet Spa, Church, and an additional vacant suite offering future rental income potential or owner-user flexibility. Well maintained and improved, this property offers diversified income streams, flexible commercial use opportunities, and excellent potential for growth. Full equipment detail and financials available.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$78 USD /SF

CAP RATE

11.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C3 Commercial

APN/PARCEL ID

R0070-00160-001-000

ASK ABOUT THIS PROPERTY

Lindy BengstonKeller Williams Real EstateMore Info

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

Lindy BengstonKeller Williams Real EstateMore Info

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