Listing Courtesy of: Cheves Goble - Keller Williams Realty
6786311700
$285,000
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403 W Memorial Drive Dallas, GA 30132
Other
Residence
Beds
Baths
Sq. Ft.
0.38
Acre
Lot
Property Activity
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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.
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MLS#
10255095
Property Type
Other
Year Built
1983
Lot Size
0.38
Sewer
Public Sewer, Sewer Available
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