For Sale
$1,350,000

32 Azalea DrHiram, GA 30141

3.83 Acres, Retail & Self Storage Potential

Overview

Added:
Feb 3
Days on market:
62
This exceptional 3.83-acre mixed-use property in Hiram, GA, presents a unique investment opportunity. Located at 32 Azalea Drive, the site is zoned for both retail and self-storage development, offering significant flexibility for investors. The property is currently listed at $1,350,000 for the combined retail and self-storage components. Alternatively, the retail portion can be purchased separately for $500,000, while the self-storage portion is available for $1,000,000. The combined purchase allows for the sharing of a retention pond, a significant cost savings. The retail space offers a potential build-out ranging from 19,000 to 22,000 square feet, while the self-storage component could provide up to 80,000 square feet of usable (rentable) space. Access to the property will be via Azalea Drive, which will require improvements to meet county specifications. The existing 1,411 square foot building is not included in the square footage of the potential build-out. Seller financing is available, making this an attractive proposition for qualified buyers. Computer renderings are available to illustrate the potential development possibilities. This property offers a compelling blend of potential income streams and development upside in a growing market.

Property Details for 32 Azalea Dr

Property type
Mixed-use properties
Square Feet
1,411 SF
Year Built
1966
Lot Size (sq. ft)
166,835 SF

Location Insight

City
Hiram
County
Paulding - GA
State
Georgia
Latitude
33.90471
Longitude
-84.77197
32 Azalea Dr, Hiram, Georgia

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32 Azalea Dr
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