For Sale
$1,750,000

2671 Panola Rd Lithonia, GA 30058

Profitable Multi-Tenant Business, 9,715 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a thriving multi-tenant commercial property located at 2671 Panola Rd, Lithonia, GA 30058. The property, a Class B building constructed in 2002 and extensively renovated in 2020, boasts a substantial 9,715 square feet situated on a generous 2-acre lot (85,614 sq ft). Currently operating as a successful car wash and quick oil change center with three service bays, this established business has enjoyed 22 years of operation, generating a reported cash flow of $347,500. The property is zoned C1, allowing for a variety of uses. The building features a blend of auto shop and executive office space, making it ideal for a diverse range of tenants. The sale includes the established business and all associated assets. This multi-tenant setup provides multiple income streams, enhancing the overall return on investment. The asking price is $1,750,000, representing a compelling opportunity for a savvy investor seeking a profitable, established business with significant growth potential. The property's location east of Atlanta, just off I-20, ensures excellent visibility and accessibility. This is a turnkey operation ready for immediate ownership and continued success. The property is held under an LLC ownership structure and is offered for sale by owner.

Highlights

  • Purchase Price: $1.7 Million
  • Lot Size: 2 Acres
  • Annual Cash Flow: $347,500
  • Includes Car Wash and Three Service Bays

Property Details for 2671 Panola Rd

Property type
Retail properties, Office properties
Square Feet
9,715 SF
Class
B
Year Built/Renovated
2002/2020
Units
1

Location Insight

City
Lithonia
County
DeKalb
State
Georgia
Latitude
33.7103128
Longitude
-84.167931

FAQs

What type of property is this?
Retail property - Profitable Multi-Tenant Business, 9,715 SF
Where is the retail property located?
The property is located at 2671 Panola Rd Lithonia, GA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Purchase Price: $1.7 Million; Lot Size: 2 Acres; Annual Cash Flow: $347,500
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2671 Panola Rd
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