For Sale
$6,500,000

1010 Tennessee St Cartersville, GA 30120

Prime Mixed-Use Investment Opportunity in GA

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use property, located at 1010 N Tennessee Street in Cartersville, Georgia, presents a compelling investment opportunity. The 2006-built complex sits on a sizable 3.053-acre lot and comprises a single building. The property boasts a strong income stream generated from its diverse tenant mix. Currently, the building features 13 retail units on the ground floor and 10 executive office spaces on the second floor. Nineteen of these units are currently occupied, producing a gross monthly rent of $25,000. The owner occupies the remaining four units. Historically, rental rates have been lower than market value due to parking limitations; however, these issues have now been fully resolved, presenting a significant opportunity to increase rental income. A substantial increase in gross rental income, potentially 40-50%, is achievable by fully utilizing all units for rental purposes. The property's location in Bartow County, Georgia, zip code 30120, offers excellent accessibility and visibility. Owner financing options are available for terms up to 30 years. This is a rare chance to acquire a well-situated, income-producing property with significant upside potential. The property is being sold as-is. Note: A separate building, Los Arcos, is not included in this sale.

Highlights

  • $6,500,000 asking price.
  • Mixed-use property (Office & Retail) built in 2006.
  • One building on a 3.053-acre lot.
  • Located at 1010 N Tennessee Street, Cartersville, GA 30120.
  • Features 13 retail units and 10 office units; 19 currently leased, generating $25,000/month in gross rent.
  • Potential for significant rent increases.

Property Details for 1010 Tennessee St

Property type
Retail properties, Office properties
Year Built
2006
Buildings
1
Lot Size (sq. ft)
132,989 SF

Location Insight

City
Cartersville
County
Bartow - GA
State
Georgia
Latitude
34.1894001
Longitude
-84.7962991

FAQs

What type of property is this?
Retail property - Prime Mixed-Use Investment Opportunity in GA
Where is the retail property located?
The property is located at 1010 Tennessee St Cartersville, GA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: $6,500,000 asking price.; Mixed-use property (Office & Retail) built in 2006.; One building on a 3.053-acre lot.
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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1010 Tennessee St
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