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Listed by Shermine A Khakiani • Keller Williams Realty Atl. Partners
$ 3,650,000
Est. payment /mo
Price Dropped by $49K
0 Tara BLVD Jonesboro, GA 30236
1.15 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10384773
Construction Status Resale
Year Built 1996
Annual Tax Amount $14,496
Tax Year 2023
Lot Size 1.149 Acres
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY WITH A RARE 30% CAP RATE! Massive adult novelty store WITH separate additional businesses - TATTOO PARLOR as well as SMOKE SHOP within the large store. HIGH TRAFFIC BUSINESS w/ FANTASTIC EXPOSURE. PRIME location in FAST GROWING AREA. PRICE INCLUDES BUSINESS, INVENTORY & THE PROPERTY. Reputable business of over two decades. SEVERAL value-added opportunities, including a game machine room, warehouse, etc. NOI $1,110,620. Clean building with proper upkeep offering 12,600 SQ FT and warehouse space. Several Offices and bathrooms. Stand-alone building situated on 1.149 acres of land and with 147 feet of road frontage. HIGH VOLUME STORE. FULLY ESTABLISHED BUSINESS. PERFECT FOR OWNER-OCCUPANT OR A SUCCESSFUL, RUNNING INVESTMENT! GOLD MINE OPPORTUNITY. NDA must be signed prior to releasing the address and due diligence items for the property. Please contact the listing agent at 404-455-3925.
Location
State GA
County Clayton
Zoning GB
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Concrete, Hardwood
Exterior
Parking Features Paved, Parking Lot
Garage Spaces 35.0
Fence Fenced
Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Water Available
Roof Type Metal
Building
Sewer Public Sewer
Construction Status Resale
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