403 W Memorial DR Active Save Request In-Person Tour Request Virtual Tour
Dallas,GA 30132
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
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
Rooms
Other Rooms None
Interior
Heating Heat Pump
Cooling Central Air,Heat Pump
Flooring Carpet
Exterior
Exterior Feature Rain Gutters
Garage Parking Lot
Fence None
Community Features Curbs
Utilities Available Electricity Available,Sewer Available,Water Available
Waterfront Description None
View Other
Roof Type Other
Building
Lot Description Level
Story One
Foundation None
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None