Remodeled Commercial Building in
205 W Center Street Carrollton, GA 30117
205 W Center Street, Carrollton, GA, 30117
$279,000
For Sale
$279,000
COMMERCIAL - Carrollton, GA
Property Size1,624 SF
Lot Size0.09 Acres
Price / SF$171.80
Days on Market70
Property Features for 205 W Center Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Standard status
- Active
- Size
- 1,624 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1637
Building Details
- Year built
- 1921
Listing Agency
Metro West Realty
(770) 836-0042
850 Cedar Street, Carrollton, GA
Listed by
Mike Mashburn · License #202437
(770) 367-8956
Added: May 13 Checked: Jul 21 at 3:06 am
MLS# 151969
Copyright © 2026 West Metro Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located within Carrollton city limits, this commercial property is zoned C-2 and offers potential for small business or office use. The building has undergone approximately 90% remodeling within the last three months. The property size is 1624 square feet, situated on a lot of 0.09 acres. Note that the parking area requires completion and HVAC installation.
Key Highlights
- Prime location within Carrollton city limits.
- Zoned C‑2, suitable for small business or office use.
- 90% remodeled in the last 3 months!
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $23.87 |
| − Vacancy | −$9.8k | −$6.02 |
| EGI | $29.0k | $17.85 |
| − OpEx | −$7.2k | −$4.46 |
| NOI | $21.7k | $13.39 |
1,624 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$310.7K
$271.8K – $362.5K
NOI $21,747 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.0K
$397.2K – $529.6K
NOI $31,778 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Remodeled commercial building in prime Carrollton location, suitable for office.
Where is this office units located?
The property is located at 205 W Center Street Carrollton, GA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Prime location within Carrollton city limits.; Zoned C‑2, suitable for small business or office use.; **90% remodeled in the last 3 months!**
