3228 New Macland RdPowder Springs, GA 30127

Property Details for 3228 New Macland Rd

Year built

1949

Lot size

1.00 AC

Property size (Sq ft)

1,160 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

Description

This exceptional commercial property, located at 3228 New Macland Road in Powder Springs, Georgia, presents a unique investment opportunity. The 1,160 square feet of net rentable space is housed within two single-story buildings constructed in 1949, situated on a one-acre lot. The property is zoned NRC and offers diverse usage potential, including daycare, restaurant, or traditional office space. The existing structure, currently configured with a residential floor plan, is adaptable to tenant build-outs or improvements to meet specific business needs. A secondary storage building is also included, offering additional space for tenant use or potential removal. Alternatively, the existing structures could be demolished to accommodate new construction. The property's versatility is further enhanced by an adjacent half-acre lot, cleared and level, presenting potential for additional development or expansion. The site boasts excellent accessibility, directly across from a strip center and a commercial intersection, and is conveniently located near residential neighborhoods and public schools. The front yard offers the potential for creating approximately 10-15 parking spaces. The asking price is $370,000, with a 4.00% cap rate. This property offers a compelling opportunity for investors and businesses seeking a flexible and strategically located space in a thriving community. The property's zoning and location make it ideal for a variety of uses, providing significant potential for return on investment.

Location Insight

City

Powder Springs

County

Cobb - GA

State

Georgia

Latitude

33.8752

Longitude

-84.6766

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