Listed by Oakhurst Realty Partners LLC
$985,000
Decatur Area Mixed-Use Campus
Details
Property Type Mixed Use, Office
Sub Type Traditional Office, Creative Office
Square Footage 4,430
Units 2
Cap Rate 6.50%
Occupancy 75%
Tenancy Multi
Buildings 2
Stories 1
Acreage 0.490
Zoning M
Ground Lease No
2 buildings near DeKalb Farmer's Market/City of Decatur
Marketing description
Investment highlights
- Two recently renovated freestanding structures - originally part of a church campus
- Existing lease in place for building A
- Building B can also be live/work: has full kitchen plus bathroom with bath/shower
- Excess land can accommodate construction of additional structures or expansion of existing buildings
- M (Light Industrial) zoning located in the Scottdale Overlay Tier 1 District of DeKalb County
- Great for a creative office user, law firm, medical/dental practice or variety of other uses
- Located minutes from Downtown Decatur, Avondale Estates and I-285
- Proforma 6.5% cap rate
Listing Contacts
Listed by Oakhurst Realty Partners LLC
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