Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

7274 Bankhead Highway 12811 Veterans Memorial Hwy 12,000 SF Flex Building Douglasville, GA 30134 $2,135,758 CAD ($177.98 CAD/SF) 8.05% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Expansive office space spanning 12,000 sq ft.
  • Asking price of $1,080,000 with a competitive cap rate of 11.4%.
  • Ideal investment opportunity in bustling Douglassville, GA.
  • Generous lot size of 24,829 sq ft.
  • Currently housing eight tenants for a diverse income stream.
  • Stable and lucrative venture for savvy investors.

EXECUTIVE SUMMARY

a fully renovated, multi-room medical and professional office building offering an exceptional opportunity for healthcare providers, service-based businesses, and community-focused programs. Originally renovated in 2021, this expansive facility features 30 private rooms, each equipped with its own shower, making it ideal for a range of uses including salon suites, dental offices, therapy or wellness clinics, and transitional housing programs.
This property has also served as a re-entry facility supporting men reintegrating into the community post-incarceration, offering both privacy and structure in a dignified, service-oriented environment.
Positioned near Bessemer City Hall and other government offices, this location ensures convenient access and high visibility. The building also features ADA-compliant access, ample on-site parking, and excellent signage opportunities along 5th Ave N.
Whether you're expanding a medical practice, launching salon suites, or seeking a community-oriented investment, 1612 5th Ave N is a rare find in a prime, centralized location.

PROPERTY FACTS

Price $2,135,758 CAD
Price Per SF $177.98 CAD
Sale Type Investment or Owner User
Cap Rate 8.05%
Property Type Flex
Building Class B
Lot Size 0.40 AC
Rentable Building Area 12,000 SF
No. Stories 2
Year Built 1973
Tenancy Single
Zoning LI - Light Industrial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1025-01-9-0-046
Land Assessment
$36,570 CAD
Improvements Assessment
$194,575 CAD
Total Assessment
$231,145 CAD
  • Listing ID: 31574543

  • Date on Market: 2024-04-22

  • Last Updated:

  • Address: 12811 Veterans Memorial Hwy, Douglasville, GA 30134

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}