1100 Clairemont AveDecatur, GA 30030
- Sports & entertainment properties
- 1,235 SF
Property Details for 1100 Clairemont Ave
- Lot size
- 4.71 AC
- Property size (Sq ft)
- 1,235 SF
- Zone code
- R60
- Property type
- Sports & entertainment properties
- Property subtype
- Other sports & entertainment properties
- APN
- 18 005 04 006
- APU
- 1800504006
Description
This exceptional turnkey restaurant opportunity in Decatur, GA, presents a rare chance to acquire a thriving business in a highly desirable location. The 4,000 square foot, single-story building boasts a spacious layout, including a 24-seat bar with ample storage, a fully equipped kitchen with top-of-the-line appliances (two fryers, four-burner stove with oven, salamander, Ansul system, double ovens, walk-in coolers, and more), and a comfortable dining area with high-boy tables, booths, and standard tables. The sale includes all furniture, fixtures, and equipment (FF&E), a high-quality TOAST POS system, and a state-of-the-art stereo system. A covered patio with seating and heaters provides year-round outdoor dining options. The property also features 100 parking spaces and is situated in a vibrant area known for its strong dining scene. Currently operating under a month-to-month lease expiring December 31, 2024, with a current monthly rent of $6,600, this represents a compelling investment opportunity with a 6.00% cap rate. The property is 100% occupied and benefits from a strong existing customer base. This is a second-generation restaurant space, offering significant cost savings compared to building from the ground up. The asking price is $275,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $303,732
- Hospitality
- $278,217
- Educational
- $231,473
- Medical
- $239,434
- Retail
- $360,069
Location Insight
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.7873
- Longitude
- -84.3077
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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