2981 Church St, East Point, GA 30344-4156
This exceptional mixed-use commercial property, located at 2981 Church St in historic East Point, Georgia, presents a compelling investment opportunity. The 12,857 square foot building, constructed in 1971, features two stories and sits on a generous 26,907 square foot lot. Previously utilized as a medical office and daycare center, this multi-suite building offers significant potential for various uses. The property is being sold "As Is," but boasts a brand new roof, minimizing immediate capital expenditure needs. While some repairs and renovations may enhance its value, the building's solid foundation and prime location provide a strong base for future success. Its convenient location in East Point offers easy access to major roadways and is a short commute from Hartsfield-Jackson Atlanta International Airport. The property is being offered at $499,999, and seller financing is available, even with less-than-perfect credit. This presents a rare chance to acquire a substantial commercial property in a thriving area with flexible financing options. The property's zoning and permitted uses should be independently verified. This is a unique opportunity for investors seeking a high-return property in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CR · East Point, GAEast Point. 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.