8561 SQ FT

1924 Clairmont Road

Decatur, GA 30033

$1,500,000

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.

    MLS Data

  • StatusActive
  • MLS #7462862
  • TypeCommercial

    Interior Details

  • BasementFull
  • FeaturesRestrooms
  • HVACCentral Air

    Exterior Details

  • ConstructionBrick 4 Sides
  • Built In1950
  • StoriesArray
  • ParkingParking Lot
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
  • Lot Dimensionsx 100 x 285 x 100 x 249
  • Acres0.7

Listing Provided Courtesy Of: Keller Williams Realty Metro Atlanta 404-564-5560

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Data Last updated on December 23, 2024 5:30am

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