For Sale

403 W Memorial Drive, Dallas, GA 30132

403 W Memorial Drive, Dallas, GA 30132
  • $285,000
  • $325,000

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.

Details

Property ID
4029306
Land Area
0.38 Acres
Garages
8
Year Built
1983
MLS#
10255095
MLS Status
Active
Updated on May 29, 2024 at 10:21 pm

Features

Additional details

  • List Office MLSID: KWWC01
  • List Agent MLSID: GOBLECHEVES
  • List Date: 2024-02-17
  • Roof: Other
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Tax Annual: 1544
  • Tax Year: 2023
  • Flooring: Carpet
  • County: Paulding
  • Parking: Parking Lot
  • Water Source: Public
  • Accessibility Features: Accessible Entrance
  • Lot Features: Level
  • Kitchen Features:
  • Master Bathroom Features:
  • Building Features:
  • Diningroom Features:

Address

  • Address 403 W Memorial Drive
  • City Dallas
  • State/county GA
  • Zip/Postal Code 30132
  • Area NONE
  • Country United States

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Contact Information

Victoria Willis
  • Victoria Willis
  • 4044258949
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Victoria Willis
  • Victoria Willis