250 Atlanta Road, Cumming, GA 30040
Residential property for sale
- Description
- 2 Commercial Buildings with approx. 5,300 sf of gross area and 4 retail/office suites currently 100% leased to 3 tenants. Excellent location just South of Downtown Cumming off Hwy 20/9 with high traffic count of nearly 19,000 vehicles per day. Zoned Highway Business, most intense available. Excellent Investor Opportunity with Contractual Gross Income of $69,000 and Net Operating Income of nearly $56,000 equates to an implied cap rate of 11.3% based on the asking price.
- Property Details
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Property Type: Unspecified Status: Available Price: $ 495,000 Building Size: 5,308 SF Year Built: 1946 Buildings: 1 Added: 02/23/2014 Last Update: 11/03/2014 - Interior Features
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Heating: Forced Air Appliances: Fixtures, Roof Sign - Exterior Features
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Parking: Yes Parking Spaces: 24 - Note
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