929 Main St Stone Mountain, GA 30083
- Retail space
- 4,052 SF
- 0.05 lot acres
Current Use by Public Records
- Granite House Lofts / Hotel
Property Details for 929 Main St
- Year built
- 1940
- Construction
- WOOD FRAME
- Lot size
- 0.05 lot acres
- Property size
- 4,052 SF
- Zone code
- X
- Property type
- Retail space
- APN
- 18 089 27 026
- APU
- 1808927026
Description
This exceptional 1,720 square foot retail space at 929 Main St, Stone Mountain, GA 30083 presents a unique investment opportunity. Located in the heart of Downtown Stone Mountain Village, this two-story building boasts a full-granite exterior, offering high visibility and accessibility. Its prime location, steps from Stone Mountain Park, ensures high foot traffic from both tourists and locals. The property is currently a shell space, providing flexibility for a custom build-out to suit various business concepts, such as restaurants, boutiques, or spas. Existing infrastructure includes gas, water, and electrical services, with established chases for HVAC to the roof. Ample street parking is available on both sides of the building, with two additional parking lots directly across the street. This property offers a blend of historic charm and modern convenience, making it an ideal location for a thriving business. The building is a single-tenant space within a commercial property, and requires mechanical, electrical, and plumbing installation. This is a rare opportunity to establish a business in a high-traffic area with significant tourist draw. The property is situated in DeKalb County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $340,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $325,000
- Mixed-Use
- $280,000
- Hospitality
- $335,000
- Educational
- $380,000
- Residential Income
- $375,000
- Energy
- $295,000
- Income-Based Land
- $365,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Stone Mountain
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.1702
- Latitude
- 33.8068
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA