Property summary
This 1978-built, 2018-renovated office building in Jonesboro, Georgia, presents a compelling investment opportunity. The property, located at 118 Stockbridge Road, 30236, comprises 14 office suites ranging from approximately 125 to 1,200 square feet, suitable for various uses including staffing agencies, professional services, creative spaces, and other small businesses. The building sits on a 0.3-acre lot with ample green space, offering unique potential, especially when considered in conjunction with the neighboring property at 112 Stockbridge Road (available for separate acquisition). The property includes approximately 23 parking spaces and benefits from a prime location just one block from Jonesboro's Main Street, offering easy access to restaurants, including the popular Slutty Vegan, and within a 10-minute walk of Jonesboro's city hall complex. The building features long-term, stable anchor tenants, providing immediate cash flow, with additional upside potential from currently vacant suites. A virtual walkthrough is available online. The asking price for this multi-tenant office building is $900,000.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Counselor
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Crisis Center Medical Clinic
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Counselor
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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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
C · Jonesboro, GAZoning
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Zoning designation
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