556 Roswell StMarietta, GA 30060

Property Details for 556 Roswell St

Year built

1969

Lot size

0.46 AC

Property size (Sq ft)

2,706 SF

Zone code

CRC

Property type

Gas stations

APN

16123400280

APU

16123400280

Description

This exceptional investment opportunity presents a chance to acquire a thriving auto shop and adjacent property in Marietta, Georgia's historic district. The property, located at 556 Roswell Street SE, includes two buildings on a 0.457-acre lot. Built in 1969, the main building houses a well-established auto service and Shell gas station business, complete with all fixtures, furniture, and parts inventory. The sale also encompasses a second building at 30 Fairground Street, previously a drug store. This prime location sits at the corner of Roswell and Fairground Streets, boasting high traffic counts within the vibrant Historic Marietta Square district. The current owner-operator is retiring and willing to assist the new owner with a smooth transition, including the transfer of the business phone number and signage. Gasoline inventory will be measured and added to the purchase price at closing. This is a rare chance to own a significant piece of Marietta's history and a profitable, established business. The asking price is $3,500,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $876,362

  6.5%

  $808,950

  7%

  $751,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,144,124

  Geo Method

  $1,330,138

• Alternative Use

  Use

  Valuation

  Residential

  $682,380

  Hospitality

  $625,056

  Educational

  $520,039

  Medical

  $537,924

  Retail

  $808,950

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9502

Longitude

-84.5363

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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