500 Lanier Ave Fayetteville, GA 30214
- Commercial land
- 11.76 lot acres
Current Use by Public Records
- J.Royale Events / Event Management Company
- RW AUTO DEALS LLC / Used Car Dealer
- Cars Ahoy Inc / Auto Broker
- ACTS Therapy / Speech Pathologist / Doctor
- SHROAK SOFTWARES / Software Company
Property Details for 500 Lanier Ave
- Year built
- 2000
- Lot size
- 11.76 lot acres
- Zone code
- C C2
- Property type
- Commercial land
- APN
- 52318001
- APU
- 52318001
Description
This exceptional 1,126 square foot commercial property located at 500 W Lanier Avenue Unit 501, Fayetteville, GA, presents a lucrative investment opportunity. Currently configured as five independent salon suites, this turnkey operation boasts a history of consistent leasing activity. Each suite is equipped with a styling chair and hair dryer, contributing to its immediate revenue-generating potential. The property includes two shared sinks and a client restroom, enhancing convenience and functionality. All existing furnishings are included in the listed price of $279,900, minimizing upfront investment costs for the new owner. A space-saving washer and dryer closet adds to the practicality of the layout. The property's versatility allows for potential conversion to other commercial uses, expanding future possibilities. Enjoy a relaxing front porch, perfect for downtime. The monthly HOA fee of $176.24 covers water, trash removal, and exterior maintenance of the complex, simplifying ownership responsibilities. This is a rare chance to acquire a well-established, income-producing property in a desirable location. The consistent lease history and turnkey nature of this business make it an attractive option for both seasoned investors and first-time buyers seeking a low-maintenance, high-return investment.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Georgia
- Longitude
- -84.4632
- Latitude
- 33.4459
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA