For Sale
$1,450,000

99 Bay StFairburn, GA 30213

Fairburn, GA Multi-Tenant Property, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use property at 99 Bay Street, Fairburn, Georgia, presents a compelling investment opportunity. The 1.74-acre lot encompasses two buildings totaling approximately 14,164 square feet, constructed in 1971. Currently occupied by a diverse tenant mix including small offices, auto brokers, an event space, and an auto repair shop, the property offers significant income potential. Ample parking is available, featuring a large paved lot in front and additional spaces along the sides and rear. Several tenants are on month-to-month leases, providing flexibility for an owner-occupier or investor seeking to re-tenant and increase cash flow. The property's diverse tenant base and substantial parking make it an attractive option for various uses. The 6.50% cap rate indicates a strong return on investment. Located in Fulton County, GA, with easy access via 99 Bay Street, zip code 30213, this property is strategically positioned for success. The existing tenant base provides immediate income, while the potential for lease restructuring and re-tenanting offers a clear path to value appreciation. This is an ideal opportunity for an investor seeking a strong cash flow and potential for significant long-term growth. The property's size and layout offer flexibility for a variety of uses, making it a versatile and attractive investment. The combination of existing income and value-add potential makes this a truly unique opportunity in the thriving Fairburn market.

Highlights

  • Mixed-use property totaling 14,164 square feet on a 1.74-acre lot in Fairburn, GA.
  • Currently generating income from a diverse tenant mix including offices, auto-related businesses, and an event space.
  • Ample on-site parking.
  • Several month-to-month leases offer flexibility for repositioning.
  • 6.50% cap rate.

Property Details for 99 Bay St

Property type
Warehouses, Retail properties
Year Built
1971
Buildings
2
Lot Size (sq. ft)
75,794 SF

Location Insight

City
Fairburn
County
Fulton - GA
State
Georgia
Latitude
33.571793
Longitude
-84.5685483
99 Bay St, Fairburn, Georgia

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99 Bay St
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