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Retail Strip Plaza with Laundromat
For Sale
$670,000

202 Thomson Hwy, Wrens, GA 30833

Strip plaza for sale featuring a 2,000-sq-ft laundromat and four attached rental units.

Property SizeContact for details
Days on Market805

Property Features for 202 Thomson Hwy

General Information

Standard status Active
Listing Agency: Better Homes & Gardens Executive Partners
Listed By: Christie Pirtle · License #345676
Source: Exprealty
Added: Jun 22, 2024 Changed: Sep 4 Last Checked: Sep 4 at 12:16PM

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 Better Homes & Gardens Executive Partners

Investment Insights

Based on property information with market context.

This retail strip plaza includes an attached laundromat plus four additional rental units. The laundromat is described as 2,000 sq ft and will include washers, dryers, and equipment. The remaining 3,076 sq ft is allocated to the four other units. The laundromat has a new A/C unit installed in 2022, and each rental unit has its own A/C unit with the tenant responsible for HVAC repairs and maintenance during the lease term.

The exterior has been updated with new paint, new soffits and eaves, and new metal facing at the front, along with other exterior repairs and updates completed in 2022. Unit E includes a rear addition for storage and laundry machines. Remote-access cameras are installed inside and out of the laundromat and at the exterior front. The landlord pays for water, sewage, and trash for every unit, while each unit has its own electricity meter that the tenant must obtain during the lease term. All rental units carry yearly leases that renew at different times.

Key Highlights

  • 5076 SF strip plaza with a 2000 SF laundromat plus four attached rental units
  • Laundromat includes all washers, dryers, and equipment; new A/C installed in 2022
  • Exterior updates: new paint, soffits and eves, new metal facia on front; updated and repaired exterior in 2022

Property Analytics

Current Use

Capital Nails Nail Salon Classic South II (Bike/Boat/Book/etc) Store S & K Mind ... Physician Wrens Unlimited Plus Mobile Phone Store

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 30833, GA

3,848
Population
1,740
Households
2.2
Avg Household Size
42
Median Age
7%
College-Educated
81%
High-School Grad
71.4 sq mi
ZIP Area
54
Density / Sq Mi
$44,942
Median Household Income
$29,924
Median Earnings
$702
Median Rent
$120,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Strip plaza for sale featuring a 2,000-sq-ft laundromat and four attached rental units.
Where is this strip mall located?
The property is located at 202 Thomson Hwy Wrens, GA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 5076 SF strip plaza with a 2000 SF laundromat plus four attached rental units; Laundromat includes all washers, dryers, and equipment; new A/C installed in 2022; Exterior updates: new paint, soffits and eves, new metal facia on front; updated and repaired exterior in 2022
More about this property
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