For Sale
$1,995,000

4215 2Nd AveColumbus, GA 31904

High-Yield C-Store, Car Wash, Storage

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Columbus, Georgia retail investment property, located at 4215 2nd Ave, presents a lucrative opportunity. The 2.85-acre lot houses a thriving convenience store and gas station, complemented by a car wash and storage units, generating substantial income streams. The property boasts a current cap rate of 7.00%, with a pro-forma cap rate projected at 12.00%, indicating significant potential for increased profitability. The asking price is $1,995,000. Situated in Muscogee County, Georgia, with a zip code of 31904, this property benefits from a prime location in Columbus. The existing businesses provide a stable foundation for immediate cash flow, while the pro-forma cap rate suggests substantial upside for future growth and value appreciation. This multi-faceted property offers a diverse range of income streams, mitigating risk and maximizing return on investment. The combination of established businesses and the potential for increased profitability makes this a compelling investment opportunity for discerning buyers seeking strong returns in a stable market. Detailed financial information is available upon request. This is a turnkey operation ready for immediate ownership and income generation.

Highlights

  • Columbus, GA retail investment property at 4215 2nd Ave, on a 2.85-acre lot.
  • Includes a convenience store, gas station, car wash, and storage units, generating substantial income.
  • Currently boasts a 7.00% cap rate, with a pro-forma cap rate projected at 12.00%.
  • Asking price: $1,995,000.
  • Located in Muscogee County, GA (zip code 31904).

Property Details for 4215 2Nd Ave

Property type
Retail properties, Grocery and convenience stores
Lot Size (sq. ft)
124,146 SF

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.5037836
Longitude
-84.9904893
4215 2Nd Ave, Columbus, Georgia

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4215 2Nd Ave
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