$ 3,000,000
5290 Atlanta HWY Alpharetta, GA 30004
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Listed by CBC Metro Brokers
$ 3,000,000
Est. payment | /mo
0.95 Acres Lot
$ 3,000,000
Est. payment | /mo
0.95 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10365415
Construction Status Resale
Year Built 1983
Annual Tax Amount $8,582
Tax Year 2023
Lot Size 0.950 Acres
Property Description
Presenting a rare and compelling opportunity to acquire a strategically located commercial property along the bustling Atlanta Highway, competitively valued at $3,000,000. This dual-building portfolio, totaling 14,670 square feet and priced at $204.50 per square foot, offers a unique blend of space, flexibility, and growth potential, making it an ideal choice for both owner-occupants and savvy investors. Both buildings are currently under month-to-month leases, providing the new owner with unparalleled flexibility to either occupy the space or adjust rents to align with full market rates. The scarcity of comparable commercial and industrial outdoor storage lots in the area enhances the property's value, offering scale and adaptability for a variety of commercial uses. Value-Add Opportunity: Beyond the existing portfolio, there is an additional value-add opportunity to acquire the adjacent property at 1234 Main Street, located directly behind the second building. This expansion potential further amplifies the investment's appeal, presenting even greater possibilities for commercial development or business expansion. Given its prime location, substantial square footage, and the flexibility of month-to-month leases, this property stands out as a premier investment in Forsyth County's thriving commercial landscape. Seize this opportunity to secure a valuable asset with significant upside potential.
Location
State GA
County Forsyth
Zoning CBD
Interior
Heating Other
Cooling Other
Exterior
Garage Parking Lot
Utilities Available Electricity Available, Water Available
Building
Sewer Other
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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