284 Main StJonesboro, GA 30236

  • Retail properties
  • 1,256 SF
For Sale
$249,900 View listing

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
284 Main St, Jonesboro, Georgia

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

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
2024
$1,690
$6,680
$36,640
$43,320
-
$16,700
$91,600
$108,300

FAQs

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