For Sale
$1,500,000

1924 Clairmont RdDecatur, GA 30033

Prime Decatur office, 8,561 SF, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 1950-built, two-story office building situated on a 0.7-acre lot at 1924 Clairmont Road, Decatur, Georgia 30033. The property, totaling 8,561 square feet, is currently 100% occupied with 21 fully leased executive office suites, generating $111,180 in annual income. All existing leases are set to expire in 2025, offering a buyer the flexibility to fully occupy the space or continue with the existing tenants, many of whom are expected to renew. The building is zoned O/I and boasts a terrace level. A September 2024 appraisal valued the market lease at $151,160 annually, making this a compelling offering priced just below appraised value at $1,500,000. This multi-tenant property represents a rare chance to acquire a well-established Decatur office building with significant upside potential. The property is located in the Decatur submarket of Dekalb County.

Highlights

  • 1950-built, 8,561 SF two-story office building on a 0.7-acre lot in Decatur, GA.
  • Fully occupied with 21 executive suites, generating $111,180 annual income.
  • All leases expire in 2025, offering flexibility for owner-occupancy or continued leasing.
  • O/I zoning, includes terrace level.
  • Appraised at $1,511,600 in September 2024; offered at $1,500,000.

Property Details for 1924 Clairmont Rd

Property type
Office properties
Square Feet
8,561 SF
Year Built
1950
Buildings
1
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Decatur
County
Dekalb - GA
State
Georgia
Latitude
33.810923
Longitude
-84.3091568
1924 Clairmont Rd, Decatur, Georgia

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1924 Clairmont Rd
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