1. Georgia
  2. Decatur
  3. 1924 Clairmont Road
$1,500,000

1924 Clairmont Road, Decatur, GA 30033

  • 8,561 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

The St Micheal's Center is on the market for the first time in 50 years. The subject property, located at 1924 Clairmont Road, Decatur, GA, is an office building zoned (O/I) located in the Decatur submarket. The subject property is a multi-tenant office building consisting of 21 fully leased executive office spaces. The building totals 7,558 square-feet and contains two stories with a terrace level. Market Lease value based on September 2024 Appraisal is $151,160 annually. The property is currently 100% occupied at $111,180 annual income with many long terms tenants. All existing leases are set to expire in 2025. This allows buyer to fully occupy the space if desired. Many tenants will want to renew if purchased as an investment. Property is priced just below appraised value as of Sept 2024.

Listing Status:
Active
Date Added:
October 25, 2024 at 05:00AM
Listing Office:
Keller Williams Realty Metro Atlanta : 404-564-5560
Listing Agent:
Dammann Team : 404-377-9000
MLS ID:
7462862
  • General: Restrooms
  • Basement: Full
  • Flooring: None
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: Accessible ClosetsAccessible Approach with Ramp
  • Eco/Green Feature: NoneNone

This listing courtesy of Dammann Team, Keller Williams Realty Metro Atlanta

Monthly Payment

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

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Location

Schools Nearby

I

International Community School

2418 Wood Trail Ln, Decatur, GA, 30033

Grades KG-5

1.23 miles away

M

Margaret Harris Comprehensive School

1634 Knob Hill Dr NE, Atlanta, GA, 30329

Grades PK-12

1.44 miles away

D

Druid Hills High School

1798 Haygood Dr NE, Atlanta, GA, 30307

Grades 9-12

1.27 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.