Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2978 Rainbow Dr, Unit unit A B C Decatur, GA 30034

    Sponsored
    Picture of Retail space at Rainbow Dr 2978, Decatur, GA
    For Sale
    $850,000

    COMMERCIAL - Decatur, GA

    Property size:
    5,300 SF
    Lot size:
    0.80 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for 2978 Rainbow Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Aluminum Frames
    Zoning
    C-1
    APN
    15 121 02 008
    Parking
    8
    Parking features
    Parking Lot
    Interior features
    Restrooms
    Size
    5,300 SF
    Lot size
    0.80 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Floors in Building
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Brick 3 Sides
    Roof type
    Asphalt

    Georgia Associated Realty (404) 585-7355 [email protected]

    Listing agent Jaber Obeid (678) 622-0982

    Listing date Dec 18, 2025

    Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Commercial Property For Sale

    This commercial property, located just south of Druid Hills in Decatur, GA, offers a great investment opportunity. The property has a size of 5,300 square feet and sits on 0.8 acres. It features three fully leased units, providing immediate and stable cash flow. The tenants include a barbershop, a hair salon, and a tire shop, ensuring diverse and steady foot traffic and strong visibility. The property benefits from excellent road frontage, ample parking, and close proximity to major corridors. The zoning is C-1. This property is positioned for continued appreciation and long-term income. It is suitable for investors seeking a turnkey asset in a high-growth area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fatima African Hair ... Hair Salon Edge of Extension Weave ... Hair Salon The Barbiee Box Beauty ... Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.267972
    Latitude
    33.710106

    Nearby Similar for Sale

    • $1,299,000
      0.71 Acres

      Decatur Commercial Building on Columbia Drive

      Freestanding commercial building with excellent visibility and flexible layout.
      1272 Columbia Dr, Decatur, GA 30126
      View Details
    • $1,299,000
      7,133 SF

      Decatur Commercial Building on Columbia Drive

      Freestanding commercial building with excellent visibility and flexible layout.
      1272 Columbia Dr, Decatur, GA 30032
      View Details
    • $1,250,000
      0.43 Acres

      Decatur Multifamily Investment Opportunity

      Fully occupied 6-unit apartment building near downtown Decatur.
      606 Coventry Rd, Decatur, GA 30030
      View Details
    • $1,250,000
      0.43 Acres

      Decatur Multifamily Investment Opportunity

      Fully occupied 6-unit apartment building in Decatur, Georgia.
      606 Coventry Rd, Decatur, GA 30030
      View Details
    • New
      $249,900
      0.26 Acres

      Renovated Home in Meadowdale Neighborhood

      Completely renovated home in Decatur's Belvedere Park. Move-in ready.
      1733 Hollyhock Ter, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.26 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home in Decatur's Belvedere Park with modern features.
      1733 Hollyhock Ter, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.32 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home with modern finishes and strong rental potential.
      3531 Tulip Dr, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.32 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home with modern finishes and strong rental potential.
      3531 Tulip Dr, Decatur, GA 30032
      View Details
    • $495,000
      0.38 Acres

      Renovated Duplex in Prime Location

      Turnkey duplex near Decatur Square, ideal for investors.
      1485 Janmar Dr, Decatur, GA 30032
      View Details
    • $699,500
      0.33 Acres

      Decatur Duplex: Investment Opportunity

      Well-maintained duplex in Decatur with immediate income potential.
      732 S Candler St, Decatur, GA 30030
      View Details
    • $275,000
      0.26 Acres

      Updated Home in Desirable Neighborhood

      Updated 3-bedroom, 2.5-bath home in Decatur, GA.
      2419 Greenway Dr, Decatur, GA 30035
      View Details
    • $109,000
      0.02 Acres

      Turnkey Rental Investment Near Atlanta

      Spacious rental property with guaranteed income in up-and-coming Decatur.
      3178 Nectarine Cir, Decatur, GA 30034
      View Details

    FAQs

    What type of property is this?
    Retail space - Fully leased commercial property with diverse tenants in Decatur, GA.
    Where is this retail space located?
    The property is located at 2978 Rainbow Dr, Unit unit A B C Decatur, GA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Fully leased with three established tenants (barbershop, hair salon, tire shop) providing immediate and stable cash flow.; - Prime 5,300 sqft commercial property on 0.8 acres in a desirable, high-growth location south of Druid Hills.; - Excellent road frontage and ample parking ensuring high visibility and accessibility.
    (678) 622-0982
    Request Owner's contact information
    2978 Rainbow Dr, Unit unit A B C Decatur, GA 30034
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2978 Rainbow Dr, Unit unit A B C
    Decatur, GA 30034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2978 Rainbow Dr, Unit unit A B C Decatur, GA 30034
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.