118 Midland AveWinder, GA 30680

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

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.

• 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

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

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