3699 Main StCollege Park, GA 30337

Property Details for 3699 Main St

Year built

1920

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

1,352 SF

Zone code

C2

Property type

Commercial real estate

APN

14 016100060745

APU

14016100060745

Description

This exceptional 6,827 square foot restaurant property, situated on 0.89 acres at 3699 Main Street in College Park, Georgia (zip code 30337), presents a unique opportunity for a discerning restaurateur. Built in 1950, this single-tenant retail space boasts a substantial 2,761 square feet of vacant area, ready for immediate occupancy. The property is zoned C2 and features a single story building. Its prime location in the heart of Historic Downtown College Park ensures high visibility and accessibility. Main Street, a major thoroughfare, sees over 13,000 vehicles daily, guaranteeing significant foot and vehicular traffic. This second-generation restaurant space offers a ready-made foundation for a thriving culinary establishment, benefiting from the vibrant atmosphere and rapid growth of the College Park metropolitan area. The small-town charm combined with the energy of a major metropolitan area creates an ideal environment for attracting a diverse clientele. This is a rare opportunity to establish a business in a highly desirable location with excellent potential for success. The property's size and location make it suitable for a variety of restaurant concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $194,895

  6.5%

  $179,903

  7%

  $167,053

• Comparable approach

  Method

  Valuation

  Relative Method

  $263,721

  Geo Method

  $263,721

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $378,243

  Retail / Commercial

  $189,252

  Mixed-Use / Specialty

  $184,867

  Hospitality / Lodging

  $130,799

  Office

  $179,903

  Institutional / Educational

  $190,860

  Residential Income

  $223,307

  Multifamily

  $288,394

  Automotive / Energy

  $163,595

  Parking / Income-Based Land

  $60,120.70

  Restaurant / Food Service

  $88,230.90

  Healthcare / Senior Housing

  $193,383

Location Insight

City

College Park

County

Fulton

State

Georgia

Latitude

33.6543

Longitude

-84.4498

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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