Remodeled Corner Retail
85 W Broad Street Fairburn, GA 30213
85 W Broad Street, Fairburn, GA, 30213
$675,000
For Sale
$675,000
Remodeled brick retail building on a corner lot in downtown Fairburn, prepared for a Certificate of Occupancy.
Property Size4,424 SF
Price / SF$152.58
Days on Market501
Property Features for 85 W Broad Street
General Information
- Standard status
- Active
- Size
- 4,424 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1938
Listing agency
Keller Williams Realty Cityside
(770) 652-0057
Listed by
Sylvia B London-Patterson · License #105092
(770) 652-0057
Source
Exitrealty
Added: Mar 8, 2025 Updated: Jul 21 at 7:58PM Checked: Jul 21 at 7:58PM
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 Keller Williams Realty Cityside
Investment Insights
Based on property information with market context.
Located at 85 W Broad Street in Fairburn, GA, this approximately 4,424-square-foot brick building sits on a corner lot and has been fully remodeled to meet City of Fairburn standards for a Certificate of Occupancy.
The property is situated in the Downtown Mixed-Use Zoning District. Zoning provides flexibility for a range of uses, including office & institutional (O&I), retail, shopping, service industries, and multifamily (RM-12) with a density of up to 12 units per acre.
With its downtown mixed-use positioning and remodeled condition, the building is well-suited for a variety of retail, service, office, or mixed-use concepts consistent with the stated zoning allowances.
The property is situated in the Downtown Mixed-Use Zoning District. Zoning provides flexibility for a range of uses, including office & institutional (O&I), retail, shopping, service industries, and multifamily (RM-12) with a density of up to 12 units per acre.
With its downtown mixed-use positioning and remodeled condition, the building is well-suited for a variety of retail, service, office, or mixed-use concepts consistent with the stated zoning allowances.
Key Highlights
- Approximately 4,424 SF remodeled 1938 brick building on a corner lot in downtown Fairburn, GA
- Remodeled to meet City of Fairburn standards for a Certificate of Occupancy
- Located in the Downtown Mixed‑Use Zoning District with permitted uses including office & institutional (O&I), retail, shopping, service industries, and multifamily (RM‑12)
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 | $84.9k | $19.20 |
| − Vacancy | −$3.8k | −$0.86 |
| EGI | $81.1k | $18.34 |
| − OpEx | −$24.3k | −$5.50 |
| NOI | $56.8k | $12.84 |
4,424 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$811.2K
$709.8K – $946.4K
NOI $56,783 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,567 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fairburn Tire
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Eve's Flower Shop — 25 Strickland St, Fairburn, GA 30213
FAQs
What type of property is this?
Storefront property - Remodeled brick retail building on a corner lot in downtown Fairburn, prepared for a Certificate of Occupancy.
Where is this storefront property located?
The property is located at 85 W Broad Street Fairburn, GA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Approximately 4,424 SF remodeled 1938 brick building on a corner lot in downtown Fairburn, GA; Remodeled to meet City of Fairburn standards for a Certificate of Occupancy; Located in the Downtown Mixed‑Use Zoning District with permitted uses including office & institutional (O&I), retail, shopping, service industries, and multifamily (RM‑12)
