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29 Jones St/Ironhorse Tavern 29 Jones St 2 800 pi² Commerce de détail Immeuble Norcross, GA 30071 1 578 352 $ CAD (563,70 $ CAD/pi²) 8,35% Taux de capitalisation
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Résumé de l'annonce
• Rare Historic Downtown Investment Opportunity
• Approximately 2,800 SF Building
• Additional ±1,100 SF Outdoor Patio Area
• Approximately $96,000 Annual NOI
• Over 3 Years Remaining on Existing Lease
• Additional 5-Year Renewal Option
• 2.5% Annual Rental Increases
• Real Estate Only — Existing Restaurant Business Not Included
• Prime Location in the Heart of Historic Norcross
• Walkable Downtown Environment with Strong Foot Traffic
• Surrounded by Dining, Retail, Entertainment & Community Events
• Unique Long-Term Investment Opportunity with Stable Cash Flow
29 Jones Street presents a rare opportunity to acquire a historic, income-producing asset in the heart of Historic Norcross. Located within one of Metro Atlanta’s most vibrant and walkable downtown districts, the property offers a unique combination of character, stable cash flow, and long-term upside potential.
The offering consists solely of the real estate and building improvements and does not include the existing restaurant business. The property features approximately 2,800 SF of interior space along with an additional ±1,100 SF outdoor patio area, creating a highly desirable setting for restaurant, hospitality, retail, or experiential uses.
The property is currently occupied by an established tenant with over three years remaining on the existing lease term, plus an additional five-year renewal option. The lease also includes 2.5% annual rental increases, providing built-in revenue growth and investment stability.
Strategically positioned in downtown Norcross, the property benefits from strong pedestrian traffic, exceptional visibility, and immediate access to surrounding restaurants, retail, parks, entertainment, and community events. With approximately $96,000 in annual NOI, 29 Jones Street offers investors the opportunity to acquire a premier downtown asset in one of Gwinnett County’s most sought-after markets.
• Approximately 2,800 SF Building
• Additional ±1,100 SF Outdoor Patio Area
• Approximately $96,000 Annual NOI
• Over 3 Years Remaining on Existing Lease
• Additional 5-Year Renewal Option
• 2.5% Annual Rental Increases
• Real Estate Only — Existing Restaurant Business Not Included
• Prime Location in the Heart of Historic Norcross
• Walkable Downtown Environment with Strong Foot Traffic
• Surrounded by Dining, Retail, Entertainment & Community Events
• Unique Long-Term Investment Opportunity with Stable Cash Flow
29 Jones Street presents a rare opportunity to acquire a historic, income-producing asset in the heart of Historic Norcross. Located within one of Metro Atlanta’s most vibrant and walkable downtown districts, the property offers a unique combination of character, stable cash flow, and long-term upside potential.
The offering consists solely of the real estate and building improvements and does not include the existing restaurant business. The property features approximately 2,800 SF of interior space along with an additional ±1,100 SF outdoor patio area, creating a highly desirable setting for restaurant, hospitality, retail, or experiential uses.
The property is currently occupied by an established tenant with over three years remaining on the existing lease term, plus an additional five-year renewal option. The lease also includes 2.5% annual rental increases, providing built-in revenue growth and investment stability.
Strategically positioned in downtown Norcross, the property benefits from strong pedestrian traffic, exceptional visibility, and immediate access to surrounding restaurants, retail, parks, entertainment, and community events. With approximately $96,000 in annual NOI, 29 Jones Street offers investors the opportunity to acquire a premier downtown asset in one of Gwinnett County’s most sought-after markets.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
2 800 pi²
Classe d’immeuble
C
Année de construction
1897
Prix
1 578 352 $ CAD
Prix par pi²
563,70 $ CAD
Taux de capitalisation
8,35%
Revenu net d’exploitation
131 758 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
0,25 AC
Zonage
HX Historic Mixed Use - The Historic mixed use district is established to provide for a variety of retail, service, office, public and semi-public uses
Stationnement
20 places (7,14 places par 1 000 pi² loué)
Façade
86’ sur Jones
Commodités
- Restaurant
Assez practicable à pied
50/100
Exceptionnellement facile d'accès en voiture
90/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 6-254A-004 | Évaluation des bâtiments | 169 837 $ CAD |
| Évaluation du terrain | 29 823 $ CAD | Évaluation totale | 199 660 $ CAD |
Impôts fonciers
Numéro de lot
6-254A-004
Évaluation du terrain
29 823 $ CAD
Évaluation des bâtiments
169 837 $ CAD
Évaluation totale
199 660 $ CAD
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29 Jones St/Ironhorse Tavern | 29 Jones St
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