284 Main StJonesboro, GA 30236

Property Details for 284 Main St

Year built

1965

Construction

WOOD FRAME

Lot size

0.19 AC

Property size (Sq ft)

1,256 SF

Zone code

C

Property type

Retail space

APN

13-209C- B-010

APU

13209CB010

Description

This exceptional commercial property, located at 284 N Main Street in Jonesboro, Georgia, presents a unique investment opportunity. The property encompasses three buildings totaling 2,067 square feet, situated on a level 0.19-acre lot. Currently occupied by two long-term tenants—an alterations shop and a roofing company—the property offers immediate income potential and the flexibility for multi-tenant occupancy. The buildings feature spacious offices, multiple bathrooms, and kitchen areas, providing ample space for various business needs. Abundant parking is available both in front and in the rear of the buildings. Additional features include a detached storage building and a separate office building equipped with an office, conference room, kitchen, bathroom, and storage area, currently utilized as a workshop. This prime location along North Main Street ensures high visibility, with proximity to the Post Office, Fire Station, restaurants, and established businesses. Its strategic location offers easy access to Highways 54 and 19/41, Interstate 75, and is only 20 minutes from Hartsfield-Jackson Atlanta International Airport. The property's location near Historic Downtown Jonesboro further enhances its appeal. This is a rare opportunity to acquire a well-established commercial property in a thriving area with significant growth potential. Viewings are by appointment only.

• CAP approach

  CAP return

  Valuation

  6%

  $234,841

  6.5%

  $216,776

  7%

  $201,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $617,388

  Geo Method

  $617,388

• Alternative Use

  Use

  Valuation

  Residential

  $182,859

  Hospitality

  $167,498

  Educational

  $139,356

  Medical

  $144,149

  Retail

  $216,776

Location Insight

City

Jonesboro

County

Clayton

State

Georgia

Latitude

33.534

Longitude

-84.3578

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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