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2240 Cascade Rd SW
Atlanta, GA 30311
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High Grossing Atlanta liquor store with limited competition and great value-added potential.
- High CAP, NOI approximately $450K for 2022.
- Value-add opportunity with liquor store expansion, gaming, capital improvements.
- Limited competition.
- Includes rental property next door (1270 square Ft) with $1700+ potential rental income, potential gaming or expansion.
- Located in up and coming area near East Point.
EXECUTIVE SUMMARY
This prime location sits on the bustling main Cascade Road, perfectly nestled within a vibrant residential community. It boasts a grandfathered liquor license, offering a unique advantage—there are no other liquor stores in the vicinity for the next seven miles. The property encompasses a generous 10,193 square foot lot, featuring a spacious 2,580 square feet of retail space designed for optimal inventory display and customer flow. This represents a remarkable investment opportunity for savvy entrepreneurs. Additionally, the store is equipped with a 12-door walk-in cooler, providing ample space for a diverse selection of beverages. For added convenience, there's a substantial storage area in the basement, ensuring that stock can be managed efficiently. With its strategic location and well-thought-out facilities, this property is an exceptional find in the market.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,270 SF
Building Class
C
Year Built
1940
Price
$2,093,880 CAD
Price Per SF
$922.41 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
13 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
138’ on Cascade Rd SW
ABOUT 2240 CASCADE RD SW , ATLANTA, GA 30311
2240 Cascade Road SW is a liquor store situated in Atlanta, Georgia 30311. The property encompasses a 10,193 square foot lot and offers 2,580 square feet of built space. It comprises two combined properties. The business generates an annual gross revenue of $1.3 million, yielding a cash flow of $330,000, with potential for further expansion. This presents a compelling investment opportunity. Notably, there is no other liquor store within a seven-mile radius..
PROPERTY TAXES
| Parcel Number | 14-0184-0014-005-2 | Improvements Assessment | $52,125 CAD |
| Land Assessment | $155,200 CAD | Total Assessment | $207,325 CAD |
PROPERTY TAXES
Parcel Number
14-0184-0014-005-2
Land Assessment
$155,200 CAD
Improvements Assessment
$52,125 CAD
Total Assessment
$207,325 CAD
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