6970 Main StLithonia, GA 30058

Property Details for 6970 Main St

Year built

1940

Construction

WOOD FRAME

Lot size

0.06 AC

Property size (Sq ft)

2,652 SF

Zone code

C1

Property type

Retail space

APN

16 153 14 010

APU

1615314010

Description

This exceptional commercial property, located at 6970 Main Street Unit 6970 in Lithonia, Georgia, 30058, presents a unique investment opportunity. Built in 1940, this single-building property sits on a 0.1-acre lot and offers versatile space ideal for a variety of uses. The property's zoning allows for restaurants, bars, medical offices, or executive offices, making it highly adaptable to diverse business needs. Situated in the thriving commercial district of Historic Downtown Lithonia, this location benefits from excellent foot traffic and convenient parking both in front and in the rear of the building. The property features two distinct spaces with desirable street frontage, maximizing visibility and accessibility for potential customers or clients. The asking price is $380,000. This property is a rare find in a highly sought-after location, offering significant potential for growth and return on investment. Its central location and flexible zoning make it an attractive option for entrepreneurs and investors alike. Don't miss this chance to acquire a piece of Lithonia's vibrant commercial landscape. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $837,634

  6.5%

  $773,201

  7%

  $717,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,303,594

  Geo Method

  $1,303,594

• Alternative Use

  Use

  Valuation

  Residential

  $652,224

  Hospitality

  $597,434

  Educational

  $497,058

  Medical

  $514,152

  Retail

  $773,201

Location Insight

City

Lithonia

County

Dekalb

State

Georgia

Latitude

33.712

Longitude

-84.1066

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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