$1,500,000
bedrooms
0
bathrooms
0
square feet
8,561
Acreage
0.7
Open Houses
-
year built
1950
Full Baths
0
Half Baths
0
The St Micheal's Center is on the market for the first time in 50 years. The subject property, located at 1924 Clairmont Road, Decatur, GA, is an office building zoned (O/I) located in the Decatur submarket. The subject property is a multi-tenant office building consisting of 21 fully leased executive office spaces. The building totals 7,558 square-feet and contains two stories with a terrace level.
Market Lease value based on September 2024 Appraisal is $151,160 annually. The property is currently 100% occupied at $111,180 annual income with many long terms tenants. All existing leases are set to expire in 2025. This allows buyer to fully occupy the space if desired. Many tenants will want to renew if purchased as an investment.
Property is priced just below appraised value as of Sept 2024.
| Location | |
| Subdivision | - |
| County | Dekalb - GA |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 7462862
Listing agent:
Dammann Team
Listing broker:
Keller Williams Realty Metro Atlanta
(404) 564-5560
Copyright © 2024 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, November 8 2024 at 11:11 a.m. EST
Kotohomes National