Presenting a rare and compelling opportunity to acquire a strategically located commercial property along the bustling Atlanta Highway, competitively valued at $3,000,000. This dual-building portfolio, totaling 14,670 square feet and priced at $204.50 per square foot, offers a unique blend of space, flexibility, and growth potential, making it an ideal choice for both owner-occupants and savvy investors. Both buildings are currently under month-to-month leases, providing the new owner with unparalleled flexibility to either occupy the space or adjust rents to align with full market rates. The scarcity of comparable commercial and industrial outdoor storage lots in the area enhances the property's value, offering scale and adaptability for a variety of commercial uses. Value-Add Opportunity: Beyond the existing portfolio, there is an additional value-add opportunity to acquire the adjacent property at 112 Mauldin Dr, located directly behind the second building. This expansion potential further amplifies the investment's appeal, presenting even greater possibilities for commercial development or business expansion. Given its prime location, substantial square footage, and the flexibility of month-to-month leases, this property stands out as a premier investment in Forsyth County's thriving commercial landscape. Seize this opportunity to secure a valuable asset with significant upside potential.
| Property Type | Retail |
|---|---|
| Year Built | 1983 |
| Zoning | CBD |
| Tax Year | 2023 |
| Listing ID | 2DLKWW |
| MLS ID | 10365415 |
| Style | Retail - Auto/Vehicle |
| Building Size | 14,670 SF |
| Lot Size | 0.95 AC |
| Taxes | $8,582 |
Area Description: Discover an unparalleled investment opportunity with this dynamic auto shop, ideally situated directly off Atlanta Highway 9, one of the most sought-after locations in Forsyth County. Boasting an impressive Annual Average Daily Traffic count of 18,000+, this property offers prime visibility and accessibility. This rare gem features two substantial buildings, totaling over 14,670 square feet of versatile commercial space, making it the standout property along Hwy 9. The first building, with 8,820 square feet of open service space, 3 well-appointed office spaces, 2 restrooms, and a large, welcoming customer seating area. Access to this building is conveniently available from both the side and through a gated, fenced lot that lies between the two structures, providing additional security and ease of entry. Behind the fenced lot, you’ll find the second building, a true treasure offering 5,850 square feet of additional space. This building features 8 spacious service bay’s, 3 more office spaces, 2 restrooms, and another generous customer seating area, making it ideal for expanding your business operations or enhancing the property’s income potential. The property also includes an open front parking lot and ample fenced yard space, further enhancing its appeal for a variety of commercial uses. Zoned C3 Commercial Business District, this property is currently leased on a month-to-month basis, providing flexibility for new ownership to maximize its potential. Value-Add Opportunity: In addition to this prime property, there is an exceptional value-add opportunity to purchase the sister lot directly behind it at 112 Mauldin Dr. Acquiring both properties would provide expanded space and strategic positioning, unlocking even greater potential for commercial development or business expansion. Surrounded by major retailers such as Kroger, Walmart, Publix, McDonald’s, and ACE Hardware, this location benefits from strong commercial activity and a thriving business environment.
| Age: | 31-40 Years Old |
| Lot Size: | 1/2 - 1 Acre |