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    All-Brick Medical Office Building Title is generated by Realmo AI

    240 Airport Road, Griffin, GA 30224

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    Claim this Listing
    For Sale
    $275,000

    COMMERCIAL - Griffin, GA

    Type:Office
    Property size:
    1,176 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $233/SF
    Added:
    Aug 25, 2025
    Days on Market:
    295
    Last Refresh:
    Jun 15 at 7:06 am

    Property Features for 240 Airport Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Covered, Parking Lot
    Standard status
    Active
    APN
    14101003
    Size
    1,176 SF
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1994

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1956
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Composition

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    Listing Contact
    Staci Donaldson

    Listing agent Staci Donaldson License #206424

    Listing office HR Heritage Realty, Inc. 717 W Solomon Street, Griffin, GA

    Listing date Aug 25, 2025

    MLS# 10591289

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • All‑brick commercial building built in 1956 with hardwood flooring and composition roof
    • Lobby/reception, full kitchen and full bath, plus 4 additional rooms for offices, treatment, or salon suites
    • Covered carport and 6 parking spaces, including a handicap‑accessible space; circular driveway with handicap ramp entrance
    • Recent upgrades include new vinyl windows, new gutter/leaf guard system, new lighting, and new roof
    • HVAC is approx. 2 years old; central heating and central air with electric cooling; cable available
    • Public water and septic tank; large backyard with storage shed

    Overview

    This all-brick commercial building features a lobby/reception area, a full kitchen, a full bath, and four additional rooms that can support office, treatment, or service-suite configurations. Interior finishes include beautiful hardwood floors, and exterior updates include four-sided brick with new vinyl windows, a new gutter/leaf guard system, new lighting, and a new roof. The HVAC system is approximately two years old. Parking and accessibility are built in with a circular driveway, a handicap ramp entrance, and a covered carport with six parking spaces, including handicap-accessible parking. Additional outdoor space includes a large backyard and a storage shed.

    Located at 240 Airport Road in Griffin, this property is positioned for visibility in a high-traffic area with excellent road visibility. The listing notes easy access to Hwy 19/41 and close proximity to the airport and downtown Griffin.

    With its lobby layout, existing kitchen and bath, and multiple private rooms, the building may fit a range of professional and service-oriented users such as medical or professional offices, salon or treatment room setups, and other retail or service uses. The on-site parking, including covered and handicap-accessible spaces, supports day-to-day client access for a variety of operating models.

    Local Financial Insights For Healthcare Medical

    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 $31.8k $27.00
    − Vacancy −$3.3k −$2.84
    EGI $28.4k $24.17
    − OpEx −$11.4k −$9.67
    NOI $17.1k $14.50
    1,176 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $243.6K
    $213.1K – $284.2K (±1% cap)
    NOI $17,051 @ 7.0% cap · market cap 6.20%
    Second Best
    Office B
    $225.0K
    $196.9K – $262.5K (±1% cap)
    NOI $15,748 @ 7.0% cap · market cap 5.73%
    Theoretical Best
    Office A
    $330.2K
    $288.9K – $385.3K (±1% cap)
    NOI $23,115 @ 7.0% cap · market cap 8.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ThePerfectHairSalon Hair Salon

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.280754
    Latitude
    33.22208

    FAQs

    What type of property is this?
    Medical Office Space - All-brick building with lobby, full kitchen and bath, and multiple rooms, plus covered parking and handicap access.
    Where is this medical office space located?
    The property is located at 240 Airport Road Griffin, GA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: All‑brick commercial building built in 1956 with hardwood flooring and composition roof; Lobby/reception, full kitchen and full bath, plus 4 additional rooms for offices, treatment, or salon suites; Covered carport and 6 parking spaces, including a handicap‑accessible space; circular driveway with handicap ramp entrance
    More about this property
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