123 5Th StGriffin, GA 30224

  • Retail properties
  • 2,744 SF
For Sale
$345,000 View listing

Property Details for 123 5Th St

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.11 AC
Property size (Sq ft)
2,744 SF
Zone code
CBD
Property type
Retail properties
Property subtype
Auto shops
APN
017 -45-007
APU
1745007

Description

This exceptional retail property, located at 123 S 5th St in Griffin, Georgia, presents a compelling investment opportunity. The building, constructed in 1968, boasts 2,744 square feet of space situated on a 0.11-acre lot. Its prime location in the Central Business District (CBD) zoning area places it just blocks from Griffin's downtown core, offering excellent visibility and accessibility. Currently occupied by a tenant, this property provides immediate cash flow potential. The building features seven doors/bays, historically used as an automobile garage, offering versatile options for future use. The asking price is $345,000, translating to a price per square foot of $125.73. This represents a strong value proposition in a thriving Georgia market. The property's single building structure simplifies management and maintenance. Further details are available upon request. This is an ideal opportunity for investors seeking a stable, income-generating asset in a desirable location. The property's history as a long-time automobile garage suggests potential for various retail or commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore this promising investment. The zip code is 30224, and the property is located in Spalding County.

123 5Th St, Griffin, Georgia

Location Insight

City
Griffin
County
Spalding
State
Georgia
Latitude
33.2479
Longitude
-84.2608
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
$3,364
$7,920
$76,264
$84,184
-
$19,800
$190,660
$210,460

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