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2978 Rainbow Drive

Decatur, GA 30034
  • $700,000
  • STATUS: Active
  • ON SITE: 307 Days
  • MLS #: 7090926
UPDATED: 204 min ago
$700,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,100
    SQFT
  • $137
    $/SQFT
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All three business are long term tenants with long term leases. Cap Rate 7.9%

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2023 First Multiple Listing Service, Inc. Data last updated 2023-06-02T00:05:12.7. For issues regarding this website, please contact BoomTown.
www.prestigerealtyteam.com/homes/131393246
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2978 Rainbow Drive Decatur, GA 30034

  • Price: $700,000
  • Status: Active
  • On Site: 307 Days
  • Updated: 204 min ago
  • MLS #: 7090926
0
Beds
0
Baths
0
½ Baths
0.8
Acres
5,100
SQFT
$137
$/SQFT
1979
Built
County:
Dekalb
Area:
Dekalb
Property Description
Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All three business are long term tenants with long term leases. Cap Rate 7.9%
Exterior Features

Construction Materials BlockBrick 4 Sides Dock None Fencing None Foundation Slab Land Lot 121 Lot Features LevelShopping CenterStreet Lights Number Of Parking Spaces 15 Other Structures None Parking Features Parking Lot Pool Private YN No Road Front Feet 120 Road Surface Asphalt Road Type City Street Roof Type Flat Stories One View City Waterfront Features None Window Features Display Window(S)

Interior Features

Basement None Cooling Central AirSeparate Meters Flooring Ceramic Tile Heating Other Interior Features Restrooms

Property Features

Accessibility Features None Association YN No Business Type Auto ServiceProfessional/OfficeRetail Current Zoning C1 Electric Other Green Energy Efficient None Green Energy Generation None Home Warranty No House On Property No Lot Size Dimensions 219X158 Other Equipment None Owner Financing No Owner Pays Taxes Property Attached YN No Property Condition Resale Proposed Financing CashConventional Recommended Zoning Commercial Sale Includes Building & Land Security Features Fire AlarmFire Sprinkler System Sewer Public Sewer Special Circumstances Investor Owned Special Listing Conditions None Tax Year 2021 Taxes 7536 Type Retail Utilities Electricity AvailablePhone AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Bhgre Metro Brokers: [IDXCONTACTINFORMATION].


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2023 First Multiple Listing Service, Inc. Data last updated 2023-06-02T00:05:12.7. For issues regarding this website, please contact BoomTown.
 
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