2579 Highway 411 SE
$749,900
2579 Highway 411 SE, Fairmount, GA 30139
5.6
Cap Rate
42,256
NOI
Details:
Highlights:
- Lot Features: Corner Lot, Free Standing, Level, Rectangular Lot
- Gross Income: 53555
- Number Of Buildings: 2
- Bathrooms Total: 0
- Documents Available: Aer Photo, Lease, Legal Desc, Survey
- Cooling: Central Air
- Heating: Central
- Electric: 220 Volts
- Flooring: Concrete
- Construction Materials: Block, HardiPlank Type, Lap Siding
- Parking Features: Parking Lot
- Accessibility Features: Accessible Entrance
- Security Features: Fire Alarm
Description:
HIGH-VISIBILITY HIGHWAY 411 INVESTMENT & OWNER-USER OPPORTUNITY. Established tenants, dual road frontage, and additional income potential distinguish this commercial offering in downtown Fairmount. Positioned along Highway 411 and Lacey Street, the two-building property offers an appealing combination of rental income and space for an owner-user’s business or expanded leasing. An approximately 5,250-square-foot building includes 1,850-square feet occupied by long-term tenant Subway. The rear portion offers flexibility for owner occupancy or storage leasing, providing an opportunity to accommodate business operations or generate additional revenue. An approximately 1,304-square-foot freestanding building is occupied by long-term tenant Southern Creamery. The adjacent property is also available for purchase and includes a 2,720-square-foot metal building with an unobstructed interior, a private office with a separate entrance, and two restrooms. Its adaptable layout is particularly well suited for service businesses, contractors, trades, and other small business operations. Acquiring both properties would provide approximately 246 feet of Highway 411 frontage, creating a larger commercial footprint with multiple income and occupancy options.
Listing ID: 7846174
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Location
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