624 Grove St - Showroom FOR SALE


Gainesville, GA 30501- Downtown Gainesville
$830,000 USD
770-833-8821
624 Grove St, Gainesville, GA for Sale
$830,000 USD
Showroom - FOR SALE
1/3
null | 6.51% Cap Rate

624 Grove St
Gainesville, GA 30501
Downtown Gainesville


HIGHLIGHTS

  • Occupied with rent-paying tenant
  • Revitalized Locale
  • Heavy foot traffic

OVERVIEW

We have a property with a rent-paying tenant that we are looking to sell to investors seeking to collect rent over the term or the lease. The tenant is paying $4,500/mo (or $54,000/yr) with a bit over 4 years left in their lease. The building is in the busy Gainesville area with heavy foot traffic and many nearby appartments.

FOR SALE DETAILS

PRICE

$830,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07

LAND SF

3,049

ZONING

CBD

APN/PARCEL ID

01-00013-03-014

ASK ABOUT THIS PROPERTY

Jacob CianciCOR PropertiesMore Info
770-833-8821

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Jacob CianciCOR PropertiesMore Info
770-833-8821

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