403 W Memorial DR Active

Dallas,GA 30132

$ 285000

- Bed

- Bath

1406 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,406 sqft

Price per Sqft $202

MLS Listing ID 7340115

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1983

Annual Tax Amount $1,544

Tax Year 2023

Lot Size 0.380 Acres

Acres 0.38

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

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Restrooms

Heating Heat Pump

Cooling Central Air,Heat Pump

Flooring Carpet

Window Features None

Exterior

Exterior Feature Rain Gutters

Parking Features Parking Lot

Fence None

Community Features Curbs

Utilities Available Electricity Available,Sewer Available,Water Available

Waterfront Description None

View Other

Roof Type Other

Street Surface Asphalt

Accessibility Accessible Entrance

Handicap Access Accessible Entrance

Total Parking Spaces 8

Private Pool false

Building

Lot Description Level

Story One

Foundation None

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Senior Community no

Tax ID 008612

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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