125 W Solomon Street , Griffin, GA 30223
Griffin, GA 30223
Description
Renovated and Ready for its new owner, this property is zoned CBD and located in the heart of Downtown Griffin! Featuring four versatile units, this property is perfectly positioned to maximize your investment returns. It includes two vacant commercial units (27B & 25B) that are currently available for lease, each with a rental potential of $1,700/month, ideal for various business ventures, offering unparalleled flexibility and prime visibility in the downtown sector. Additionally, there are two occupied residential units (27A & 25A) generating a consistent rental income of $1,700/month each, providing immediate cash flow with tenants already in place. (One residential tenant expecting to vacate in November.) With a total rental income potential of $6,800/month once the vacant units are leased, This property boasts a prime downtown location that ensures excellent exposure for businesses and convenience for residents. The versatile space is suitable for retail, office, or mixed-use options, catering to a diverse clientele and adapting to various business needs. With two units already leased, your investment is partially secured, providing peace of mind and immediate cash flow. Don't miss out on this fantastic opportunity to own a prime commercial property in Downtown Griffin with robust rental income potential; contact us today to schedule a viewing and explore the endless possibilities this property has to offer!
Details
| Mls | 10369607 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 99 |
| Listing Provided By | RE/MAX SOUTHERN | THE POTTS TEAM |
Features
| Sq Feet | 6,224 |
|---|---|
| Zoning | CBD |
| Acreage | 0.09 |
Market Activity 30223
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Learn More About This Property
| State | GA |
|---|---|
| County | Spalding |
| City | Griffin |
| Zip Code | 30223 |
| Listing VS Median (in 30223) | |
Price: $695,000 low | high Med: $283,500 SqFt: 6,224 low | high Med: 2,342 $ / SqFt: $112 low | high Med: $122 On Site: 99 low | high Med: 53.500000 | |