140 City Hall AveBowdon, GA 30108

  • Retail properties
  • 14,400 SF
For Sale
$500,000 View listing

Property Details for 140 City Hall Ave

Year built
1958
Construction
STEEL FRAME
Lot size
4.78 AC
Property size (Sq ft)
14,400 SF
Zone code
I
Property type
Retail properties
Property subtype
Strip malls
APN
B04-005-0003
APU
B040050003

Description

This exceptional investment opportunity presents a 14,400 square foot retail center located at 140 City Hall Ave, Bowdon, Georgia, 30108. The property sits on a 0.8-acre lot and features three built-out and currently leased retail suites. A key highlight is the inclusion of an established coffee shop with a convenient drive-thru, enhancing the property's income potential and attracting a steady stream of customers. The building boasts a classic and attractive brick front, contributing to its curb appeal and overall professional image. The asking price for this turnkey investment property is $500,000. This represents a strong value proposition for investors seeking a stable, income-generating asset in a thriving Georgia community. The property's existing tenant base and the inclusion of a drive-thru coffee shop provide immediate cash flow and a solid foundation for future growth. The location in Carroll County offers excellent visibility and accessibility, making it an ideal choice for both established businesses and new ventures. This is an investment sale only. Detailed financial information and lease agreements are available upon request. Don't miss this chance to acquire a well-established and profitable retail center in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,185,577
    6.5%
    $2,940,533
    7%
    $2,730,495
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,883,495
    Geo Method
    $7,078,338
  • Alternative Use

    Use
    Valuation
    Residential
    $2,480,450
    Hospitality
    $2,272,078
    Educational
    $1,890,342
    Medical
    $1,955,354
    Retail
    $2,940,533
140 City Hall Ave, Bowdon, Georgia

Location Insight

City
Bowdon
County
Carroll
State
Georgia
Latitude
33.5375
Longitude
-85.2502
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,135
$19,450
$324,424
$343,874
-
$48,625
$811,060
$859,685

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