1010 Tennessee St Cartersville, GA 30120
- Retail properties
- 3.05 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1010 Tennessee St
- Year built
- 2006
- Lot size
- 3.05 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property, located at 1010 N Tennessee Street in Cartersville, Georgia, presents a compelling investment opportunity. The 2006-built complex sits on a sizable 3.053-acre lot and comprises a single building. The property boasts a strong income stream generated from its diverse tenant mix. Currently, the building features 13 retail units on the ground floor and 10 executive office spaces on the second floor. Nineteen of these units are currently occupied, producing a gross monthly rent of $25,000. The owner occupies the remaining four units. Historically, rental rates have been lower than market value due to parking limitations; however, these issues have now been fully resolved, presenting a significant opportunity to increase rental income. A substantial increase in gross rental income, potentially 40-50%, is achievable by fully utilizing all units for rental purposes. The property's location in Bartow County, Georgia, zip code 30120, offers excellent accessibility and visibility. Owner financing options are available for terms up to 30 years. This is a rare chance to acquire a well-situated, income-producing property with significant upside potential. The property is being sold as-is. Note: A separate building, Los Arcos, is not included in this sale.
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
- Cartersville
- County
- Bartow - GA
- State
- Georgia
- Longitude
- -84.7963
- Latitude
- 34.1894
