284 Main StJonesboro, GA 30236
- Retail properties
- 1,256 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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