For Sale
$695,000

2402 Hamilton RdColumbus, GA 31904

Columbus, GA Storefronts - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents two commercial buildings totaling 14,375 square feet, situated on a high-traffic corner lot in Columbus, Georgia. The property boasts a 10.20% capitalization rate and a current net operating income (NOI) of $70,860. Located at 2402 & 2420 Hamilton Road, this retail center enjoys excellent visibility and accessibility, with frontage on Hamilton Road, just off Veterans Parkway, a major thoroughfare with over 6,000 vehicles daily. Its strategic location benefits from proximity to Piedmont Columbus Regional Midtown Hospital (employing over 2,400), and numerous national retailers including Family Dollar, AutoZone, Dollar General, and a Marathon gas station. The property is currently 100% occupied by established tenants. The two parcels offer potential for subdivision, and owner financing is available, making this a compelling investment opportunity. The property's APN numbers are 015 035 001 and 015 035 004. The asking price is $695,000, representing a price per square foot of $88.73. Convenient proximity to I-185 further enhances its appeal.

Highlights

  • $695,000 asking price for a 14,375 SF retail center in Columbus, GA.
  • 10.20% capitalization rate with a current NOI of $70,860.
  • High-traffic corner lot at 2402 & 2420 Hamilton Road, with excellent visibility and accessibility.
  • Owner financing available.

Property Details for 2402 Hamilton Rd

Property type
Retail properties, Retail space
Square Feet
14,375 SF
Buildings
2

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.4866839
Longitude
-84.9830167
2402 Hamilton Rd, Columbus, Georgia

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2402 Hamilton Rd
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