202 Thomson Hwy / Hwy 17 Wrens, GA 30833
- Commercial real estate
- 5,076 SF
- 1.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 202 Thomson Hwy / Hwy 17
- Year built
- 1984
- Lot size
- 1.16 lot acres
- Property size
- 5,076 SF
- Property type
- Commercial real estate
Description
This exceptional 5,076 square foot strip plaza presents a prime investment opportunity in Wrens, Georgia. The property boasts a thriving 2,000 square foot laundromat, complete with all washers, dryers, and equipment, which is being sold as a business. The remaining 3,076 square feet is divided into four additional leased units, providing a diverse and stable income stream. One tenant has occupied their space for nearly 12 years, demonstrating the property's appeal and tenant retention. The building underwent significant exterior renovations in 2022, including fresh paint, new soffits and eaves, and a new metal faГ§ade. Unit E features a rear addition for storage and laundry equipment. The laundromat received a new A/C unit in 2022, and each unit has its own A/C system, with tenants responsible for their own HVAC maintenance and repairs. Security is enhanced by remote-access cameras covering the laundromat's interior and exterior, as well as the building's front. All units operate under yearly leases with staggered renewal dates and varying monthly rental amounts. Each unit has its own electric meter, with tenants responsible for their electricity. The property owner covers water, sewer, and trash services for all units. This well-maintained property's high-traffic location ensures maximum visibility and consistent customer flow, making it an attractive and profitable investment. The 1.16-acre lot provides ample space and potential for future expansion.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wrens
- County
- Jefferson
- State
- Georgia
- Longitude
- -82.3919
- Latitude
- 33.2078