Property profile

2418 Canton Rd Marietta, GA 30066

OFF-MARKET
Turn key restaurants
Property ID
US22-4459753
0.8 ac lot
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Marietta, GA mixed-use property offers 9,939 square feet on 2.443 acres, including a 10,000 sq ft building currently operating as a seafood restaurant and a separate 0.803-acre vacant lot ideal for a quick-service restaurant (QSR). The existing building boasts a well-designed layout with a commercial kitchen, dining area, bar, and ample storage, adaptable to various uses. Situated on bustling Canton Road with over 292 feet of frontage, this high-visibility location ensures significant customer traffic. The property features a large parking lot accommodating over 219 vehicles. The NRC zoning permits a wide range of commercial uses. Built in 1985, this one-story building presents a unique opportunity for redevelopment or rebranding, capitalizing on its prime location and established infrastructure within a vibrant commercial district. The asking price is $3,250,000, translating to $326.99 per square foot. This property presents substantial growth potential for investors and entrepreneurs seeking a versatile and well-positioned commercial asset in a thriving Marietta community.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.8 ac (34,979 SF)
Zoning code NRC
APN 16063700500
UPID US22-4459753

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2418 Canton Rd Marietta, GA 30066-5377
Marietta metro Census 30507 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2008
Last sale
$2.2M
4 recorded transactions
2008
$1.3M
2008
$1.3M
2006
$1.1M
2006
Price N/A

Zoning & alternative use

NRC · Marietta, GA
Zoning description

NRC Neighborhood Retail Commercial 708.15 (PDF) CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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