For Sale
$900,000

118 Stockbridge RdJonesboro, GA 30236

Jonesboro, GA Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This 1978-built, 2018-renovated office building in Jonesboro, Georgia, presents a compelling investment opportunity. The property, located at 118 Stockbridge Road, 30236, comprises 14 office suites ranging from approximately 125 to 1,200 square feet, suitable for various uses including staffing agencies, professional services, creative spaces, and other small businesses. The building sits on a 0.3-acre lot with ample green space, offering unique potential, especially when considered in conjunction with the neighboring property at 112 Stockbridge Road (available for separate acquisition). The property includes approximately 23 parking spaces and benefits from a prime location just one block from Jonesboro's Main Street, offering easy access to restaurants, including the popular Slutty Vegan, and within a 10-minute walk of Jonesboro's city hall complex. The building features long-term, stable anchor tenants, providing immediate cash flow, with additional upside potential from currently vacant suites. A virtual walkthrough is available online. The asking price for this multi-tenant office building is $900,000.

Highlights

  • Strong, long-term anchor tenants provide stable income.
  • Significant upside potential through lease-up of vacant space.
  • Adjacent property at 112 Stockbridge Road available for acquisition.
  • Extensive green space presents a unique development opportunity, especially when combined with 112 Stockbridge Road.

Property Details for 118 Stockbridge Rd

Property type
Office properties, Medical offices

Location Insight

City
Jonesboro
County
Clayton
State
Georgia
Latitude
33.5235847
Longitude
-84.3522137
118 Stockbridge Rd, Jonesboro, Georgia

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118 Stockbridge Rd
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