57 Martin Luther King Dr - Medical FOR SALE


Reynolds, GA 31076
$677,112 USD
478-508-2652
57 Martin Luther King Dr, Reynolds, GA for Sale
$677,112 USD
Medical - FOR SALE
1/19
null | Request Cap Rate

57 Martin Luther King Dr
Reynolds, GA 31076


HIGHLIGHTS

  • Great Location for Daycare, Dance Studio, Rehab Facility, Medical Supply Sales
  • Two Separate Units (One Leased to Mercer Medicine)
  • PRICE FURTHER REDUCED

OVERVIEW

PRICE FURTHER REDUCED TO $677,112 ($89.00/PSF) INVESTMENT OPPORTUNITY (1/2 Building Leased to Mercer Medicine) 7,608± SF Multi-Tenant Medical Office Building Building Overview - Total Size: 7,608± SF - Site Size: 0.90 Acres - Configuration: Divided into two units - Year Built: 2000 - Construction: Brick veneer - Roof: Asphalt Shingles (replaced 2021) - Floors: Carpet and tile - Lighting: Fluorescent - HVAC: Four units - Fire and Alarm System: Installed - Fenced rear courtyard - Shared parking: Front and side of building - 2024 Property Tax Bill: $4,550 Unit 1: 3,750± SF (Leased) - Tenant: Mercer Medicine - Base Lease Rate: $3,200 per month Unit 2: 3,858± SF (Available) - Reduced Lease Rate:   From: $11.00/PSF   To: $9.00/PSF  (Monthly: $2,893.50) Features: - Foyer - Three private offices - Three large open rooms - Kitchen - Storage room - Four restrooms (one with shower) Lease Terms - Landlord pays: Ad valorem taxes and CAM - Tenant pays: All utilities Ideal Uses - Daycare - Dance Studio - Physical Rehabilitation Facility - Medical Supply Sales

FOR SALE DETAILS

PRICE

$677,112 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mercer Medicine

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Funeral Home

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

R04-026

ASK ABOUT THIS PROPERTY

Deidra StewartCBCMacon.comMore Info
478-508-2652

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Deidra StewartCBCMacon.comMore Info
478-508-2652

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