929 Main StStone Mountain, GA 30083

Property Details for 929 Main St

Year built

1940

Construction

WOOD FRAME

Lot size

0.05 AC

Property size (Sq ft)

4,052 SF

Zone code

X

Property type

Retail properties

Property subtype

Retail space

APN

18 089 27 026

APU

1808927026

Description

This exceptional 1,720 square foot retail space at 929 Main St, Stone Mountain, GA 30083 presents a unique investment opportunity. Located in the heart of Downtown Stone Mountain Village, this two-story building boasts a full-granite exterior, offering high visibility and accessibility. Its prime location, steps from Stone Mountain Park, ensures high foot traffic from both tourists and locals. The property is currently a shell space, providing flexibility for a custom build-out to suit various business concepts, such as restaurants, boutiques, or spas. Existing infrastructure includes gas, water, and electrical services, with established chases for HVAC to the roof. Ample street parking is available on both sides of the building, with two additional parking lots directly across the street. This property offers a blend of historic charm and modern convenience, making it an ideal location for a thriving business. The building is a single-tenant space within a commercial property, and requires mechanical, electrical, and plumbing installation. This is a rare opportunity to establish a business in a high-traffic area with significant tourist draw. The property is situated in DeKalb County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,279,824

  6.5%

  $1,181,376

  7%

  $1,096,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,991,766

  Geo Method

  $1,991,766

• Alternative Use

  Use

  Valuation

  Residential

  $996,535

  Hospitality

  $912,821

  Educational

  $759,456

  Medical

  $785,575

  Retail

  $1,181,376

Location Insight

City

Stone Mountain

County

Dekalb

State

Georgia

Latitude

33.8068

Longitude

-84.1702

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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