For Sale
$1,450,000

99 Bay StFairburn, GA 30213

±14,164 SF, Multi-Tenant, High-Yield

Overview

Added:
Dec 11, 2024
Days on market:
113
This ±14,164 square foot multi-tenant flex building presents a compelling investment opportunity in Fairburn, Georgia. Situated on a 1.74-acre lot, this property comprises two buildings, each two stories high, constructed in 1971. Currently boasting 83% occupancy, the property houses a diverse tenant mix including small offices, auto brokers, an event facility, and an automotive repair shop. Many tenants are on month-to-month leases, offering flexibility for an owner-user to occupy available space while maintaining existing income streams. The property features ample parking, including a large paved lot, and benefits from excellent visibility on Bay Street with existing signage. The flexible C-2 zoning allows for a variety of uses, making it ideal for an owner-user or investor seeking a value-add opportunity. The property's location offers convenient access to I-85, Hartsfield-Jackson International Airport, and downtown Atlanta. With its existing structure and strong tenant base, this property is listed at an attractive 7% cap rate, making it a strong contender in the South Metro Atlanta market. The asking price is $1,450,000, translating to $102.37 per square foot.

Highlights

  • ±14,164 SF multi-tenant flex building on ±1.74-acre corner lot in Fairburn, GA (South Metro Atlanta).
  • Ample parking with large paved lot.
  • Flexible C-2 zoning allows for diverse uses.
  • Ideal owner-user or investor opportunity with multiple tenants.
  • Excellent visibility on Bay Street with existing signage.
  • Conveniently located near I-85, Hartsfield-Jackson International Airport, and downtown Atlanta.

Property Details for 99 Bay St

Property type
Specialty properties, Retail properties
Square Feet
14,164 SF
Class
C
Year Built
1971
Buildings
2
Stories
2
Lot Size (sq. ft)
75,794 SF

Location Insight

City
Fairburn
County
Fulton
State
Georgia
Latitude
33.571584728096
Longitude
-84.568176741722
99 Bay St, Fairburn, Georgia

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99 Bay St
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