1705 Washington RdAtlanta, GA 30344
- Retail properties
- 3,558 SF
Property Details for 1705 Washington Rd
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 3,558 SF
- Zone code
- CR
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 14 015700120412
- APU
- 14015700120412
Description
This exceptional 1,850-square-foot retail or office space is situated in a rapidly growing East Point community, offering a prime location just two blocks from Main Street and the MARTA station. The property is part of a larger building totaling 3,700 square feet, with a single-tenant occupancy. The space features a flexible shell layout, ready for immediate customization to suit a variety of businesses. The building underwent renovations in 2023, ensuring modern amenities. Ample parking is available with 40+ spaces located behind the building, providing convenient access for both employees and customers. The property is zoned CR in Fulton County, within the Tri-Cities submarket and East Point cluster. While most office and retail uses are permitted, zoning restrictions prohibit pawn shops, churches, and daycare centers. This location presents a unique opportunity for businesses seeking to benefit from the advantages of an Opportunity Zone, potentially qualifying tenants for employment tax credits. The single-story building offers easy accessibility and a functional layout. This is an exceptional opportunity to establish a business in a thriving area with excellent transportation links and ample parking.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $665,258
- 6.5%
- $614,084
- 7%
- $570,221
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,748,939
- Geo Method
- $1,748,939
-
Alternative Use
- Use
- Valuation
- Residential
- $518,003
- Hospitality
- $474,488
- Educational
- $394,768
- Medical
- $408,345
- Retail
- $614,084
Location Insight
- City
- East Point
- County
- Fulton
- State
- Georgia
- Latitude
- 33.6758
- Longitude
- -84.4444
- 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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