Historic Office/Retail
12319 Veterans Memorial Hwy Douglasville, GA 30134
12319 Veterans Memorial Hwy, Douglasville, GA, 30134
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For Sale
Contact for pricing
Two-story brick storefront built in 1910 with antique arched leaded-glass windows, offering two separate suites.
Property Size2,484 SF
Price / SF$352.25
Days on Market94
Property Features for 12319 Veterans Memorial Hwy
General Information
- Standard status
- Active
- Size
- 2,484 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1910
Listing agency
CBRE - Atlanta
(404) 504-7900
Listed by
Tony Swann · License #GA 141121
Source
Crexi
Added: Apr 20 Updated: Jul 22 at 4:33AM Checked: Jul 22 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
This historic two-story brick storefront was originally built in 1910 and offers classic architectural character, including antique arched leaded-glass windows. The building includes two separate suites, creating flexibility for an owner-user seeking immediate occupancy or for leasing additional space. The property is described as well maintained by prior ownership, with limited near-term capital exposure for future ownership.
The building is positioned along Broad Street with additional frontage on Campbellton Street. On-street parking is available, and there is also a private gravel parking area.
At 2,484 square feet, the layout is configured as two suites within the same downtown building footprint, supported by its storefront presentation and adaptable floorplan.
The building is positioned along Broad Street with additional frontage on Campbellton Street. On-street parking is available, and there is also a private gravel parking area.
At 2,484 square feet, the layout is configured as two suites within the same downtown building footprint, supported by its storefront presentation and adaptable floorplan.
Key Highlights
- 2,484 SF, two‑story brick storefront built in 1910
- Two separate suites for office/retail or mixed‑use flexibility
- Antique arched leaded‑glass windows and classic historic architectural details
Local Financial Insights For Retail
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 | $54.5k | $21.96 |
| − Vacancy | −$4.6k | −$1.87 |
| EGI | $49.9k | $20.09 |
| − OpEx | −$15.0k | −$6.03 |
| NOI | $34.9k | $14.07 |
2,484 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$499.1K
$436.7K – $582.3K
NOI $34,938 @ 7.0% cap · market cap 3.99%
Second Best
Office B
$475.2K
$415.8K – $554.4K
NOI $33,263 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$694.4K
$607.6K – $810.1K
NOI $48,606 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Mixed-use property - Two-story brick storefront built in 1910 with antique arched leaded-glass windows, offering two separate suites.
Where is this mixed-use property located?
The property is located at 12319 Veterans Memorial Hwy Douglasville, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,484 SF, two‑story brick storefront built in 1910; Two separate suites for office/retail or mixed‑use flexibility; Antique arched leaded‑glass windows and classic historic architectural details
