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32805868
32805925

450 STEPHENS ST, ROCHELLE, GA 31079-2108

Keller Williams Georgia Communities
Listed by Keller Williams Georgia Communities
$299,900
20 days on market
Updated 6 days ago

450 STEPHENS ST ROCHELLE GA 31079-2108

Details
APN R07 016001
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 3,822
Units 1
Cap Rate 11.65%
NOI $34,953
Tenancy Multi
Lease Term 1
Class C
Year Built 1958
Lot Size (SqFt) 14,306
Parking Spaces 30 spaces
Parking Per SqFt 7.85
Investment Type Owner/User
Ground Lease No

Turn-Key Income Producing Commercial Property

Marketing description

Exceptional commercial investment opportunity offering multiple income-producing spaces in one versatile property. The property features an established laundromat with recent improvements including a painted and sealed roof completed in September, updated HVAC handlers for two units, multiple hot water heaters including a spare, propane gas service, security system with 12 cameras accessible by phone, vending machines, on-site bathroom, and a change machine ready for installation.

In addition to the laundromat, the property includes a restaurant space with its own HVAC system and additional equipment, a holistic pet spa, church space, and an additional vacant commercial suite with a bathroom offering future income potential or owner-user flexibility. This well-maintained property presents an excellent opportunity for investors seeking diversified income streams with strong upside potential.

Investment highlights

• Operating laundromat with updated pricing structure and strong customer base

• Recent capital improvements including painted/sealed roof, exterior paint, asphalt resealing, and updated security lighting

• Security camera system with 12 live-feed cameras accessible remotely by phone

• Multiple leased tenant spaces including restaurant, pet spa, and church occupancy

• Additional vacant commercial suite with bathroom offering future rental income potential

• Laundromat features updated Huebsch and IPSO equipment, vending machines, wash-and-fold tables, and serviced units

• Restaurant space includes equipment package conveyed with sale including gas stove, steam tables, coolers, sinks, seating, and more

• HVAC systems serviced and maintained with multiple central A/C units

• On-site manager currently in place for laundromat operations

• One-year commercial leases in place for 2026

• Opportunity for owner-user operation or passive investment strategy

• Financials and additional operational information available upon execution of NDA

Listing Contacts

Keller Williams Georgia Communities
Listed by Keller Williams Georgia Communities

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$34,953.00
$2,912.75/mo

Valuation Metrics

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DSCR
11.65%
Cap Rate
11.65%
ROI

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