For Sale
$775,000

245 Moreno StBuford, GA 30518

Multi-unit building, high-traffic location, great income potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property at 245 W Moreno Street in Buford, Georgia, presents a unique investment opportunity. The free-standing building boasts 2,400 square feet situated on a 0.23-acre lot, offering ample space and parking. The building comprises four individual units, each equipped with its own independent entrance, electric meter, and HVAC system. Currently, two units are leased to established businesses: a used auto broker and a renovations company, providing immediate and consistent rental income. Units A and D on the ground floor are currently combined but can be easily separated to create two distinct rental spaces. The property benefits from its prime location in downtown Buford, just one block south of Main Street, and enjoys high visibility due to its proximity to popular local establishments such as Buford Grill and Rico's World Kitchen. Further enhancing its appeal, the property is conveniently located near Main Street Blooms and a new 256-space parking deck. The area is experiencing significant growth, with the upcoming opening of Meander Brewing and the planned construction of a sidewalk on West Moreno Street by the City of Buford. This development promises to further increase foot traffic and enhance the property's value. The property is listed at $775,000 and offers a compelling blend of existing income and future growth potential in a thriving downtown location. Interested parties should contact the City of Buford for details regarding the sidewalk construction project.

Property Details for 245 Moreno St

Property type
Square Feet
2,400 SF
Year Built
1983
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Buford
County
Gwinnett
State
Georgia
Latitude
34.11731
Longitude
-84.00912
245 Moreno St, Buford, Georgia

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245 Moreno St
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