1. Georgia
  2. Ball Ground
  3. 480 Old Canton Road
$4,500,000

480 Old Canton Road, Ball Ground, GA 30107

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon1.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment deal in mixed-use center with professional office and retail space. Located in the renovated historic Ball Ground Elementary School, re-named "The Elm" and making for unique feel of property and adaptive re-use of historic building. 11 current tenants, and 13 total tenant spaces ranging from 644SF to over 8,000SF with current occupancy rate of 89%. These private office suites have been fully renovated and are suitable for both small and growing businesses with some sharing access to common areas, including bathrooms and some with fitted with fully private bathrooms. The two suites remaining for lease include 1700+SF "lunchroom" - an open area space that is perfect blank space for incoming business, and a 990SF space fit for commercial kitchen, which could easily be fitted for offices with private bathroom. Annualized Proforma NOI, based on 100% occupancy is over $350,000 with all leases in place having annual escalations of at least 3%. Common Area Maintenance Fees are paid by all tenants and cover expenses such as utilities, landscaping, trash services, security and janitorial expenses. The Elm is located a short drive from Interstate-575, just over a mile and a half away, which connects to Interstate-75 and Hwy-515, for easy commute from Canton, GA or Jasper, GA. Ball Ground is seeing an increase in growth as it is located in one of the more rapidly growing counties in the state of Georgia with an average yearly population increase over 6% each year since 2020 and healthy median household income over $100k.

Listing Status:
Active
Date Added:
April 25, 2025 at 05:00AM
Listing Office:
The Good Group : 770-874-9210
Listing Agent:
Robert Good : 770-874-9210
MLS ID:
7567927
  • General: Reception AreaRestrooms
  • Basement: None
  • Flooring: Concrete
  • A/C: Central AirWall Unit(s)
  • Heating: Wall Unit(s)
  • Disability Feature: None
  • Eco/Green Feature: NoneNone

This listing courtesy of Robert Good, The Good Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Ball Ground Elementary School

321 Valley St, Ball Ground, GA, 30107

Grades PK-5

0.75 miles away

C

Creekland Middle School

1555 Owens Store Rd, Canton, GA, 30115

Grades 6-8

7.70 miles away

C

Creekview High School

1550 Owens Store Rd, Canton, GA, 30115

Grades 9-12

7.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.