GA > Carrollton
Carrollton, GA 30117,529 Newnan ST
Carrollton, GA 30117,529 Newnan ST
Carrollton, GA 30117,529 Newnan ST
38
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$615,000
Est. payment /mo
4,255 SqFt
Sold on 04/17/2025

529 Newnan ST Carrollton, GA 30117

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Nicole Van Den Bergh
Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

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Key Details

Sold Price $615,000

Property Type Commercial

Sub Type Commercial,Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,255 sqft

Price per Sqft $144

MLS Listing ID 10454155

Year Built 1989

Annual Tax Amount $6,676

Tax Year 2023

Lot Size 0.260 Acres

Property Sub-Type Commercial,Office

Property Description

Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.

Location

State GA

County Carroll

Zoning Office and Institutional

Interior

Heating Central, Hot Water, Natural Gas

Cooling Central Air

Flooring Carpet

Exterior

Parking Features Parking Lot, Paved

Garage Spaces 11.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View Y/N No

Roof Type Composition

Building

Lot Description Business Park, Level

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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agent

Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

Name
Phone*
Message
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529 Newnan ST

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