Bought with Maggie M. Gheorghies • X-Tra Realty, Inc.
$475,000
$595,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
0.76 Acres Lot
SOLD DATE : 07/07/2023
Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 10127903
Sold Date 07/07/23
Construction Status Resale
Year Built 1984
Annual Tax Amount $3,184
Tax Year 2022
Lot Size 0.763 Acres
Property Description
173 W. Athens Street is a mini storage warehouse in Downtown Winder, GA - This facility consists of 96 units and rests on roughly 0.763 acre. Consisting of 12 10x20' units, 36 10x10' units, and 48 5x10' units. The buildings have updated signage and all new electric to include new LED security lighting, breaker panel, and service entrance panel. This property does lie within the City of Winder, GA Opportunity Zone. GDOT Traffic Data shows 11,500/daily. Please note that the financials on this facility are not impressive. This is a value-add opportunity. It's currently operating at about 35% occupancy and brings in an average of $1800-2200/mo of gross income. There's a lot of potential and it should be in the $7000-8000 based off of unit count and average area rents. One owner is a licensed Real Estate Agent in the State of Georgia.
Location
State GA
County Barrow
Zoning B-1
Interior
Heating None
Cooling None
Exterior
Garage Parking Lot
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Metal
Building
Sewer None
Construction Status Resale
Others
Financing Conventional
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