929 Hl St Griffin, GA 30224-4832
This exceptional commercial property, located at 929 S Hill St in Griffin, Georgia, offers 4,300 square feet of versatile space, ideal for a variety of business ventures. The building, constructed in 1962, features 2,000 square feet of recently remodeled space currently operating as a convenience and smoke shop, providing immediate income potential. An additional 2,000 square feet is available for customization, allowing for tailored layouts to suit specific business needs. Situated in South Griffin, this property benefits from high visibility and steady foot traffic, thanks to its location amongst residential areas and doctor's offices. Its proximity to an established liquor store further enhances customer convenience and visibility. Ample parking is available, with 7-9 spaces accommodating customers and staff. The asking price is $387,000, or $90 per square foot, representing a highly competitive price point for commercial space in the area. Potential uses include, but are not limited to, barber shops, tattoo parlors, other retail or service-oriented businesses, and office space. The sale is for the building only
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Tip's Vape (Bike/Boat/Book/etc) Store
It shall be the intent of this zoning district to reserve land for institutional uses only, The regulations, which apply within this district, are designed to encourage the formation and continuance of a stable, economically healthy and compatible environment for institutional uses that are located so as to provide nearby areas with convenient facilities
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
INST · Griffin, GAIt shall be the intent of this zoning district to reserve land for institutional uses only, The regulations, which apply within this district, are designed to encourage the formation and continuance of a stable, economically healthy and compatible environment for institutional uses that are located so as to provide nearby areas with convenient facilities
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.