Downtown McDonough Commercial Building For
33 Griffin St, McDonough, GA 30253
Commercial building on the historic McDonough Square, great visibility.
Property size:
1,218 SFPrice / SF:
$246/SF- Added:
- Mar 23, 2026
- Days on Market:
- 70
- Last Refresh:
- May 26 at 12:11 am
Property Features for 33 Griffin St
General Information
- Standard status
- Active
- Size
- 1,218 SF
Listing agent Michael Elrod License #260197 (404) 401-9482
Listing office Hometown Realty (404) 401-9482
Listing date Mar 23, 2026
Source Exprealty
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 Hometown Realty
HighLights
- Prime location directly on the historic McDonough Square.
- Exceptional visibility and high foot traffic.
- Versatile, open floor plan adaptable to various business concepts.
- Large storefront windows providing natural light and display exposure.
- Rear access and nearby public parking for customer and employee convenience.
- Opportunity to own property in a desirable and growing downtown area.
Overview
This commercial building is located in downtown McDonough, directly on the historic Square. The property offers visibility and foot traffic, surrounded by shops, restaurants, and professional offices. It is suitable for retail, office space, boutique services, or a specialty business. The building features storefront windows that provide natural light and display exposure, along with a facade that complements the character of the Square. The interior includes an open floor plan to accommodate layouts and business concepts. High ceilings and flexible space allow for customization, while rear access and nearby public parking add convenience. The property size is 1218 square feet.
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 | $26.7k | $21.96 |
| − Vacancy | −$2.3k | −$1.87 |
| EGI | $24.5k | $20.09 |
| − OpEx | −$7.3k | −$6.03 |
| NOI | $17.1k | $14.07 |
1,218 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$244.7K
$214.2K – $285.5K
NOI $17,132 @ 7.0% cap · market cap 5.71%
Second Best
Office B
$233.0K
$203.9K – $271.8K
NOI $16,310 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$340.5K
$297.9K – $397.2K
NOI $23,833 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- McDonough
- County
- Henry
- State
- Georgia
- Longitude
- -84.147447
- Latitude
- 33.446647
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Commercial building on the historic McDonough Square, great visibility.
Where is this storefront property located?
The property is located at 33 Griffin St McDonough, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime location directly on the historic McDonough Square.; Exceptional visibility and high foot traffic.; Versatile, open floor plan adaptable to various business concepts.
