$849,950

6324 Old Dixie

Jonesboro GA, 30236

Description

Walk into a double digit cap rate (ten percent plus!) with stable long-term tenants/leases. Long-term restaurant property in a growing area of the Atlanta metro. Significant plans exist to improve the area near and surrounding this location which will offer the potential for unlimited upside in the next decade. -90% structural roof replacement 2019 -100% EPDM cover roof replacement 2019 -Over 300k in renovations to the property -Restaurant at that location operating for over 35 years, -Suite B tenant serving clayton county over one decade.

Details

MLS#8568501
StyleIndustrial
Sub-TypeResale
StatusActive
Year1974
Days On Site175

Features

SQ Feet5,400
Story(s)1
ZoningCommercial

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Area Information

StateGA
CountyClayton
CityJonesboro
Zip Code30236
AreaCLAY
Listing VS Median (in 30236)
Price:
$849,950
low | high
Med:
$199,900
100% of Average
SqFt:
5,400
low | high
Med:
0
100% of Average
$ / SqFt:
$157
low | high
Med:
$0
100% of Average
On Site:
175
low | high
Med:
95
100% of Average
Listing Updated: 10/15/2019
MLS Number: 8568501
Listing Provided By:
Bryan Crabtree  of  TheRealEstateExperts.com