Dallas, GA 30132,403 W Memorial DR
Listed by Cheves Goble • Keller Williams Realty
$285,000
Est. payment /mo
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0.38 Acres Lot
Active

403 W Memorial DR Dallas, GA 30132

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10255095

Construction Status Resale

Year Built 1983

Annual Tax Amount $1,544

Tax Year 2023

Lot Size 0.380 Acres

Property Description

So close to downtown Dallas and across from Dallas Markets, this single story building with a new roof and newer HVAC. Currently a retail shop, it has endless possibilities. Don't miss the opportunity to get in on the revitalization coming to this area. Easy access 278Investment opportunity... take advantage of two income streams including a newly executed 5 year NNN lease and a separate billboard. The leaseback cap rate is 10.5%+ / ~$30K annual revenue and the billboard revenue is a separate stream. Note, the seller has reserved the option of selling as owner / user. Zoning is C2 with the city of Dallas which allows for a wide range of uses. See documents for C-2 permitted uses which allows for a convenience store with fuel pump. All showings should be scheduled with the listing agent and after 11 am.

Location

State GA

County Paulding

Zoning c2

Interior

Heating Heat Pump

Cooling Central Air

Flooring Carpet

Exterior

Garage Parking Lot

Garage Spaces 8.0

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Other

Building

Sewer Public Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Georgia MLS (GAMLS)

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Tom Barron

Agent | License ID: 245290

+1(404) 936-7422

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403 W Memorial DR