118 Midland AveWinder, GA 30680

  • Retail properties
  • 2,600 SF
For Sale
$899,000 View listing

Property Details for 118 Midland Ave

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.20 AC
Property size (Sq ft)
2,600 SF
Zone code
I
Property type
Retail properties
Property subtype
Auto shops
APN
WN21 120
APU
WN21120

Description

This exceptional 3,770 square foot commercial property, situated on a 0.24-acre lot at 118 E Midland Avenue in Winder, Georgia, presents a remarkable business opportunity. The building has undergone a complete renovation, making it ideal for an auto body shop or similar business. Key improvements include all new entry and overhead doors, fresh interior and exterior paint, new gas heating units, a new mini-split AC system for the office, updated lighting, and a new electrical panel. The property also features a convenient covered area at the rear of the building, perfect for additional storage or workspace. The spacious office/lobby area provides a professional and welcoming environment for customers. This property is zoned Track 1 Industrial, ensuring flexibility for various commercial uses. Its strategic location within the city of Winder offers excellent visibility and accessibility, making it an attractive investment for entrepreneurs seeking a turn-key operation. The asking price is $899,000. This is a rare opportunity to acquire a fully renovated commercial building in a desirable location, ready for immediate occupancy. Don't miss out on this chance to establish or expand your business in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $670,743
    6.5%
    $619,147
    7%
    $574,922
  • Comparable approach

    Method
    Valuation
    Relative Method
    $760,302
    Geo Method
    $760,302
  • Alternative Use

    Use
    Valuation
    Residential
    $522,274
    Hospitality
    $478,400
    Educational
    $398,023
    Medical
    $411,712
    Retail
    $619,147
118 Midland Ave, Winder, Georgia

Location Insight

City
Winder
County
Barrow
State
Georgia
Latitude
33.9878
Longitude
-83.7149
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
$2,208
$14,400
$63,283
$77,683
-
$36,000
$158,207
$194,207

FAQs

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