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    College Park Commercial Investment Opportunity Title is generated by Realmo AI

    5610 Old National Highway, College Park, GA 30349

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    Claim this Listing
    For Sale
    $895,000

    COMMERCIAL - College Park, GA

    Property size:
    4,017 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $222/SF
    Added:
    Jan 27, 2026
    Days on Market:
    151
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 5610 Old National Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    13 0093 LL1133
    Size
    4,017 SF
    Lot size
    0.78 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    4642

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Building materials
    Frame

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    Contact an agent
    Angie W Ponsell
    Angie W Ponsell

    Listing agent Angie W Ponsell License #248030,GA

    Listing office Keller Williams Realty First Atlanta 200 Glenridge Point Pkwy S-100, Atlanta, GA

    Listing date Jan 27, 2026

    MLS# 10762378

    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

    • Stabilized, income‑producing property with active tenants and immediate cash flow.
    • Turnkey investment with all existing salon suite leases and operating businesses conveying with the sale.
    • High‑visibility location on Old National Highway in a high‑demand commercial corridor.
    • Diversified income stream from 11 individual units, plus one additional office space that can be converted into a suite.
    • Potential for repositioning for professional office, medical, service, or creative workspace use.
    • Ample on‑site parking and strong regional connectivity.

    Overview

    Located in College Park, Georgia, at 5610 Old National Highway, this commercial property presents a stabilized investment opportunity. The single-story building, constructed in 1980, totals approximately 4,017 square feet and is situated on a 0.78-acre lot. The property benefits from frontage and visibility along Old National Highway. Currently operating as salon suites, the property is income-producing with active tenants. The building is configured with 11 individual units plus one additional office space that can be converted into a suite. There is also a double suite (#9 & #10) located on the right side of the staff area. All existing salon suite leases and operating businesses convey with the sale. The established suite model provides diversified income across multiple tenants. The layout could support continued salon suite operations or be repositioned for professional office, medical, service, or creative workspace use. Ample on-site parking and high visibility enhance tenant retention and customer accessibility. The property benefits from strong regional connectivity and surrounding retail and service activity.

    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 $106.0k $26.40
    − Vacancy −$8.5k −$2.11
    EGI $97.6k $24.29
    − OpEx −$39.0k −$9.72
    NOI $58.5k $14.57
    4,017 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $836.3K
    $731.7K – $975.7K (±1% cap)
    NOI $58,539 @ 7.0% cap · market cap 6.54%
    Second Best
    Office B
    $768.8K
    $672.7K – $896.9K (±1% cap)
    NOI $53,814 @ 7.0% cap · market cap 6.01%
    Theoretical Best
    Office A
    $1.13M
    $987.0K – $1.32M (±1% cap)
    NOI $78,958 @ 7.0% cap · market cap 8.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Fulton
    State
    Georgia
    Longitude
    -84.471596
    Latitude
    33.602979

    FAQs

    What type of property is this?
    Retail space - Income-producing commercial building in College Park, Georgia, for sale.
    Where is this retail space located?
    The property is located at 5610 Old National Highway College Park, GA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Stabilized, income‑producing property with active tenants and immediate cash flow.; Turnkey investment with all existing salon suite leases and operating businesses conveying with the sale.; High‑visibility location on Old National Highway in a high‑demand commercial corridor.
    More about this property
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