Bought with Molly Schmidt • Compass
$1,700,000
$1,859,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
2.98 Acres Lot
SOLD DATE : 11/06/2023
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 10131562
Sold Date 11/06/23
Construction Status Resale
Year Built 1934
Annual Tax Amount $3,785
Tax Year 2021
Lot Size 2.980 Acres
Property Description
GREAT LOCATION BETWEEN MAJOR DEVELOPMENTS: Sawnee Village mixed-use development and Cumming City Center. On a site there is existing 5,697 sf (plus full basement) all brick home/office. Zoned Office/Professional. Potential for further development on site to create an upscale office condo complex/a hotel/townhomes. Property can be developed: hotel or offices or rezoned to 6 units per acre. Business can be sold separately. 2.98 AC land plus 5,600 Sf Office building Zoned office/professional. Permitted use: Daycare center, Clinic, Church, Temple, Synagouge, and place of worship, Club or lodge nonprofit, Finance, Insurance, Real Estate, Institutional residential living and care facilities, Offices, Public Schools, Temporary open-air market Conditional use: Bed and Breakfast, Boardinghouse, Roominghouse, School for the arts, Private Schools, Special event facilities (please check with the City of Cumming) Located near: Cumming City Center, Foundry Mashburn Village, Flats at Westshore, and Sawnee Village. EXECUTIVE SUMMARY GREAT LOCATION BETWEEN MAJOR DEVELOPMENTS: Sawnee Village mixed-use development and Cumming City Center. On a site there is existing 5,697 sf (plus full basement)all brick home/office. Listing agent is related to the seller. (His wife)
Location
State GA
County Forsyth
Zoning OP- Office Professional (City)
Interior
Heating Floor Furnace, Natural Gas
Cooling Central Air
Flooring Hardwood
Exterior
Garage Parking Lot, Paved
Utilities Available Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Roof Type Slate
Building
Sewer Other
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
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