125-127 W Solomon St - Storefront Retail/Office FOR SALE


Griffin, GA 30223
$695,000 USD
706-588-8850
125-127 W Solomon St, Griffin, GA for Sale
$695,000 USD
Storefront Retail/Office - FOR SALE
1/28
null | Request Cap Rate

125-127 W Solomon St
Griffin, GA 30223


HIGHLIGHTS

  • Prime 6,224 SF with Class A Buildout
  • Two spacious residential units (25A - 1500 Sqft, 27A - 975 Sqft)
  • Two spacious Commercial units (25B - 2200 Sqft, 27A -1501 Sqft)
  • 50% occupancy offering immediate income potential
  • Unique character and charm in a growing downtown Griffin location

OVERVIEW

Featuring four versatile units, this property is perfectly positioned to maximize your investment returns. It includes two vacant commercial units (27B & 25B) that are currelty available for lease, each with a rental potential of $1,700/month, ideal for various business ventures, offering unparalleled flexibility and prime visibility in the downtown sector. Additionally, there are two occupied residential units (27A & 25A) generating a consistent rental income of $1,700/month each, providing immediate cash flow with tenants already in place. ( One Residential tenant expecting to vacate in November ) With a total rental income potential of $6,800/month once the vacant units are leased, This property boasts a prime downtown location that ensures excellent exposure for businesses and convenience for residents. The versatile space is suitable for retail, office, or mixed-use options, catering to a diverse clientele and adapting to various business needs. With two units already leased, your investment is partially secured, providing peace of mind and immediate cash flow. Don’t miss out on this fantastic opportunity to own a prime commercial property in Downtown Griffin with robust rental income potential; contact us today to schedule a viewing and explore the endless possibilities this property has to offer!

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CBD

APN/PARCEL ID

013-33-028-A

ASK ABOUT THIS PROPERTY

James PottsRE/MAX SouthernMore Info
706-588-8850

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James PottsRE/MAX SouthernMore Info
706-588-8850

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