For Sale
$450,000

3466 University AveColumbus, GA 31907

1-Acre Retail Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5,000 square foot retail center in Columbus, Georgia, presents a compelling investment opportunity. Located at 3466 University Ave, this single-story, Class C building sits on a one-acre lot and offers 55 parking spaces. Built in 1978 with renovations in 1989, the property is currently 100% occupied by four tenants, including a hair salon, nail salon, and convenience store, ensuring a stable income stream. The asking price is $450,000, representing a $90 per square foot price and a 7.01% capitalization rate. The property is zoned C and benefits from its high-traffic location with convenient access to major roads and highways, providing excellent visibility and accessibility for businesses. This multi-tenant property offers a diverse range of services to the local community in Muscogee County, zip code 31907. The property's strong tenant base and prime location make it an ideal investment for those seeking stable returns and long-term growth potential. This is a rare opportunity to acquire a well-established retail center in a thriving market.

Highlights

  • 5,000 SF retail center in Columbus, GA, on a one-acre lot.
  • Located at 3466 University Ave, with 55 parking spaces.
  • Class C building, built in 1978, renovated in 1989, currently 100% occupied.
  • Four tenants, including a hair salon, nail salon, and convenience store.
  • Asking price: $450,000 ($90/SF, 7.01% cap rate).
  • High-traffic location with excellent visibility and accessibility; zoned C.

Property Details for 3466 University Ave

Property type
Retail properties, Retail space
Square Feet
5,000 SF
Class
C
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.498798
Longitude
-84.9324501
3466 University Ave, Columbus, Georgia

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3466 University Ave
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