Main building: 1 story 8100 +/-[/] brick and block building with full basement. Long established government lease (over 20 years) with existing 10 year lease (fixed till 11/2028) then with 5 year opt. There are also two office vacancies (2,000 [/] and 900 [/]) that require updates, the landlord over the last 15 years has opted not to rent. The second building is estimated at 2,000 [/] and is leased as a laundromat and is halfway into the second 5 year option with one remaining. Income and expenses upon request, highly qualified buyers only. Rounded actual gross is $163k and net before dept $90k rounded. It does not account for the two empty office spaces. A great investment especially for a owner who needs an office as well as wanting substantial income.
Property Type(s):
Commercial
|
Last Updated
|
3/4/2026
|
Year Built
|
1933
|
|
County
|
Fulton
|
SCHOOLS
Additional Details
| AIR |
Central Air, Other |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Block, Brick |
| GARAGE |
Attached Garage |
| HEAT |
Baseboard, Forced Air, Hot Water, Natural Gas, Oil |
| INTERIOR |
Built-in Features, High Speed Internet |
| LOT |
0.5 acre(s) |
| LOT DESCRIPTION |
Irregular Lot, Level |
| LOT DIMENSIONS |
171 x 143 |
| PARKING |
Off Street, Paved, Private, On Street, Attached, Garage |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Commercial |
| TAXES |
14000 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Coldwell Banker Prime Properties
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email