Retail Property for Sale in Cartersville Georgia 30120
1010 N Tennessee Street, Cartersville, Georgia 30120
$6,500,000
Listed Oct 17, 2024
3 acres
Lot
2006
Built
2
Stories
111
Parking
23
Units
Class A
Class
About this property
Retail Property for Sale in Cartersville Georgia 30120 is an office space for sale in Cartersville, Georgia, listed at $6,500,000. Key details: year built 2006, lot size 3 acres, stories 2, parking spaces 111. Listed by Isaac Jordan of Atlanta Communities on LoopingCloud and last updated October 17, 2024.
Don't miss out on this amazing investment opportunity. This property sits on over 3 acres and boosts 13 retail units on the main level and 10 office space units on the 2nd levels. Nineteen of the units are occupied by tenants and generate $25k per month in gross rents. The owner occupies the other four units. The rent rates are low due to parking issues that have now been resolved. The gross rental income could easily be raised 40-50% if all units were utilized as rentals. *Note: The Los Arcos building is not a part of this property* Ask about owner financing for up to 30 years.
Key highlights
- Available for up to 30 years
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2006
- Lot Size
- 3 acres
- Stories
- 2
- Parking Spaces
- 111
- Total Units
- 23
- Building Class
- Class A
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $6,500,000 | - | - | - | - |
Features and amenities
Property Features
- 13 retail units on the main level 10 office space units on the second level
- 19 units currently leased, generating $25,000 in monthly gross rent 4 units occupied by the owner
Highlights
- Rent rates are currently low but could increase by 40-50% with full rental utilization after resolving parking issues
- Available for up to 30 years
Location
Address as shown by the lister.
Get directionsAbout this area - Cartersville
- Population
- 29,734
- Housing units
- 11,326
- Land area
- 96.8 sq mi
- County
- Bartow
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Retail Property for Sale in Cartersville Georgia 30120?
Retail Property for Sale in Cartersville Georgia 30120 is listed at $6,500,000.
Where is Retail Property for Sale in Cartersville Georgia 30120 located?
The property is in 1010 N Tennessee Street, Cartersville, Georgia 30120, Bartow County.
What type of property is this?
This is an office space for sale in the commercial category.
How big is the property?
The lot is 3 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Isaac Jordan of Atlanta Communities listed this property. Use the Request Info button to send a message or call (470) 646-1737.
When was this listing published?
It was published on October 17, 2024 and last updated on October 17, 2024.
Listing information
- Listing ID
- CL-Georgia-12472
- Published
- Oct 17, 2024
- Last updated
- Oct 17, 2024
- Views
- 222
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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