205 N Main St N Jonesboro, GA 30236
For Sale
This $175,000 commercial property in Jonesboro, Georgia, presents a unique investment opportunity. Located at 205 N Main Street N, in the heart of downtown, the property encompasses a 0.46-acre lot featuring a single building constructed in 1950. The existing structure requires a complete renovation. The property's zoning allows for commercial use, making it ideal for entrepreneurs seeking a central location to establish their business. The property includes not only the building itself but also an adjacent vacant lot, offering potential for expansion or additional development. The building's current condition necessitates a substantial rehabilitation, presenting a chance to create a modern and functional commercial space tailored to specific business needs. This is a rare opportunity to acquire a property in a thriving downtown area with significant potential for return on investment. The property's address is 205 N Main Street N, Jonesboro, GA 30236. The lot size is 0.46 acres. The property is classified as an office building. The asking price is $175,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Jonesboro, GAJonesboro. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.