Property summary
This exceptional commercial property, situated at 103 W Courthouse Square in the vibrant heart of Cumming, Georgia, presents a compelling investment opportunity. The building boasts a generous 3,850 square feet of main-level commercial space, perfectly suited for a diverse range of businesses. Adding significant value is a substantial 4,400 square feet of basement storage, ideal for inventory, archives, or additional operational needs. Currently under a three-year lease, this property offers immediate income potential and long-term stability. Its prime downtown location ensures high visibility and accessibility, attracting a steady stream of potential customers. The property sits on a 0.11-acre lot. For added convenience, the property enjoys exceptional proximity to major transportation arteries, being just 5 minutes from Highway 400, providing easy access to the wider metro area. Furthermore, its location is strategically close to key amenities, including Northside Hospital Forsyth and the Cumming Market Center, within a 10-minute radius. This combination of prime location, substantial space, existing lease, and convenient access to key infrastructure makes this a truly remarkable investment prospect in the thriving Cumming market. The asking price is $1,300,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Tool Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
District is intended to maintain and encourage office and business development in the central business area of the city
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cumming, GADistrict is intended to maintain and encourage office and business development in the central business area of the city
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
District is intended to maintain and encourage office and business development in the central business area of the city
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Cumming, GA.
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