East Point Versatile Commercial
1789 Washington Road East Point, GA 30344
For Sale
$295,900
COMMERCIAL - East Point, GA
Property Size1,392 SF
Lot Size0.21 Acres
Price / SF$212.57
Days on Market100
Property Features for 1789 Washington Road
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
14 015700110397
Size
1,392 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
1901
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1954
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Jessica Flournoy
(803) 378-2060
Added: Apr 22
Changed: Jul 28
Last Checked: Jul 30 at 7:06AM
MLS# 10738702
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.
Investment Insights
Based on property information with market context.
Located in East Point, this property offers potential for either residential or commercial use. The building, previously utilized as a commercial space, is being sold as-is, presenting an opportunity for customization. A newer roof was installed less than two years ago. Ample parking is available. The property requires some renovations. The lot size is 0.211 acres and the property size is 1392 square feet.
Key Highlights
- Prime location in the heart of vibrant Eastpoint.
- Versatile space suitable for home or commercial use.
- Newer roof (less than two years old).
Financial Insights For Mixed Use
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 | $30.1k | $21.60 |
| − Vacancy | −$3.0k | −$2.16 |
| EGI | $27.1k | $19.44 |
| − OpEx | −$10.1k | −$7.29 |
| NOI | $16.9k | $12.15 |
1,392 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$241.6K
$211.4K – $281.9K
NOI $16,913 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.1K
$340.5K – $454.0K
NOI $27,238 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile East Point property with commercial and residential potential.
Where is this mixed-use property located?
The property is located at 1789 Washington Road East Point, GA.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Prime location in the heart of vibrant Eastpoint.; Versatile space suitable for home or commercial use.; Newer roof (less than two years old).
