370 Gaines School Rd, Athens, GA 30605
- Office Units
- 2,638 SF
- 0.54 lot acres
Current Use by Public Records
- plr inc athens ga / Association / Organization
- The Reviews & Messaging Platform For Local Business / Department Store
Property Details for 370 Gaines School Rd
- Year built
- 1950
- Lot size
- 0.54 lot acres
- Property type
- Office Units
Description
This exceptional investment opportunity presents a 2,638 square foot office building located at 370 Gaines School Road in Athens, Georgia. The property, built in 1950 and renovated in 2018, is classified as a Class B building and sits on a 0.54-acre lot. The building features a single story and is zoned CO. Currently operating as a stabilized investment, the property boasts a strong net operating income (NOI) of $32,746, resulting in an attractive 6.56% capitalization rate. The asking price is $499,000, translating to a price per square foot of $189.16. The entire 2,638 square feet is net rentable. The tenant is responsible for all maintenance. This property is offered for sale by owner and presents a compelling opportunity for investors seeking a stable, high-return investment in a desirable Athens location. Please note that the tenant should not be disturbed.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.3274016
- Latitude
- 33.9354259
