406 Solomon St Griffin, GA 30223-3339
This exceptional 858-square-foot commercial building is situated in Griffin, Georgia's revitalized downtown area, offering unparalleled convenience and visibility. Located at 406 E Solomon Street, the property boasts a prime location just steps from thriving shops and restaurants, ensuring high foot traffic and excellent exposure for any business. The building itself is incredibly versatile, suitable for a wide range of commercial uses, from a charming cafe or boutique to a professional office space. The interior features two separate bathrooms, adding to its functionality and appeal. Adding to the property's charm is an attached, covered deck, providing an outdoor space ideal for customer interaction or employee breaks. This presents a unique opportunity for expansion or synergy with adjacent properties. The property sits on a 0.2-acre lot, and three additional adjacent lots are also available for purchase, providing significant potential for future growth and development. Priced at $229,000, this property represents a compelling investment opportunity in a rapidly growing business district. The combination of location, versatility, and expansion potential makes this an exceptional offering for discerning investors seeking a foothold in Griffin's vibrant downtown scene. Don't miss this chance to secure a piece of Griffin's thriving commercial landscape.
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
CBD · Griffin, GAGriffin. 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.