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East Point Versatile Commercial Property

1789 Washington Road East Point, GA 30344

Claim this Listing
For Sale
$295,900

COMMERCIAL - East Point, GA

Property size:
1,392 SF
Lot size:
0.21 Acres
Price / SF:
$212/SF
Added:
Apr 22, 2026
Days on Market:
82
Last Refresh:
Jul 12 at 12:06 am

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
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
1954

Listing agent Jessica Flournoy

Listing office Southern Classic Realtors Po Box 6565, Monroe, GA

Listing date Apr 22, 2026

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).

Local 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 (±1% cap)
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 (±1% cap)
NOI $27,238 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

FAQs

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).
Contact an agent
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