For Sale
$1,500,000

311 Jonah Ln Jasper, GA 30143

8-Unit Retail/Office Complex, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents two, four-unit brick buildings totaling 8,000 square feet of rentable space in Jasper, Georgia. Each unit offers 1,000 square feet, featuring office, warehouse, and bathroom amenities. Convenient rear delivery doors enhance operational efficiency. Situated on a spacious 1.96-acre lot, this property boasts a prime location adjacent to a new 143-unit apartment complex currently under construction, ensuring a robust tenant pool and high occupancy potential. The buildings, constructed in 2018, are classified as Class B and are zoned for commercial use. Currently, the property has a 50% occupancy rate with eight units, each under a two-year lease at $1,500 per month. The lease type is NNN, and tenants are credit-rated. The asking price is $1,500,000, representing a compelling sale/leaseback investment with long-term potential. The limited availability of comparable small-space rentals (1,000 sq ft) in Jasper, GA, further strengthens this investment's appeal. This property offers an ideal opportunity for investors seeking a stable income stream and significant upside potential in a rapidly developing area. The property features four parking spaces per unit. The property is owned by Jonah Lane Commercial LLC and the APN is 030D 094 027.

Highlights

  • Eight 1,000 sq ft units ideal for service businesses catering to a new 143-unit apartment complex under construction.
  • High demand for small (1,000 sq ft) spaces in Jasper, GA's rental market.

Property Details for 311 Jonah Ln

Property type
Retail properties, Office properties
Square Feet
1,000 SF
Class
B
Year Built
2018
Buildings
2
Stories
1
Lot Size (sq. ft)
85,378 SF
Units
8

Location Insight

City
Jasper
County
Pickens
State
Georgia
Latitude
34.473639467375
Longitude
-84.454281158437

FAQs

What type of property is this?
Retail property - 8-Unit Retail/Office Complex, High Growth Area
Where is the retail property located?
The property is located at 311 Jonah Ln Jasper, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Eight 1,000 sq ft units ideal for service businesses catering to a new 143-unit apartment complex under construction.; High demand for small (1,000 sq ft) spaces in Jasper, GA's rental market.;
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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311 Jonah Ln
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