Overview

Description

Attention investors and developers! Are you a DEVELOPER who wants to build a small commercial building or take-out restaurant in Forest Park, GA and then either own it, lease it, or sell it? The owner of the closest available commercial lot to the Starr Park Stadium is offering SELLER FINANCING to a qualified developer. Seller financing can cover the $128,000 purchase of the property PLUS UP TO AN ADDITIONAL $160,000 of construction draw financing paid upon completion of milestones. Plans for a Chicken Wings business establishment are provided with this listing, but seller will finance this concept, or other viable commercial building concepts with an 18 month balloon loan. The City of Forest Park plans to spend upwards of $10 million on renovations to Starr Park, which is directly across the street from the property. A boarded-up, fire-damaged duplex stands on the property now, but that cannot be rebuilt because the property has recently been zoned commercial, and a duplex is considered residential property. The area around Starr Park is rapidly being gentrified. Do you want to participate in the City’s growth, with little or no skin-in-the game? If you are professionally and financially qualified, the seller can make this happen. This up-and-coming High-Growth Corridor Awaits!

Highlights

• Lot Features: Other
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Survey
• Cooling: None
• Heating: None
• Electric: None
• Flooring: None
• Construction Materials: Other
• Parking Features: None
• Accessibility Features: None
• Security Features: None
• Buyer Agency Compensation: 3

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Listing ID: 7337566
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Location

Gallery