3066 Washington RD Save Request In-Person Tour Request Virtual Tour
East Point,GA 30344
Key Details
Property Type Commercial
Sub Type Commercial,Mixed Use,Office,Retail
Listing Status New
Purchase Type For Sale
Square Footage 1,621 sqft
Price per Sqft $234
MLS Listing ID 10524970
Year Built 1951
Annual Tax Amount $3,047
Tax Year 22
Lot Size 0.615 Acres
Property Sub-Type Commercial,Mixed Use,Office,Retail
Property Description
INVESTMENT OPPORTUNITY - LONG-TERM TENANT IN PLACE This .61-acre commercial property offers immediate cash flow and future upside. Currently leased to a 20+ year operating daycare, the property includes a 1,630 SF building with strong visibility and steady neighborhood traffic. Located on a well-traveled commercial corridor in East Point, this asset is surrounded by both single-family homes and multifamily developments, enhancing its long-term viability. The current tenant, a licensed childcare provider, continues to operate under a multi-year lease with 3 years remaining. The property is professionally managed and generates stable income, making it ideal for investors seeking passive returns with minimal overhead. Highlights: * 26,800 SF lot (.61 acres) * 1,630 SF building * Established tenant in place (granddaughter of original operator) * Lease secured for next 3 years * Zoned for commercial use * High-demand area near schools, residential neighborhoods, and public transportation * Do not disturb tenant - shown by appointment only Building only for sale - not the daycare business. This is a rare opportunity to acquire a performing asset in a growing submarket. Perfect for a 1031 exchange, investor portfolio, or long-term hold with stable returns.
Location
State GA
County Fulton
Zoning R3
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Hardwood
Equipment Fixtures
Exterior
Parking Features Parking Lot,Paved
Garage Spaces 4.0
Fence Chain Link
Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available
View Y/N No
Roof Type Composition
Building
Lot Description City Lot,Level,Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction No
Others
Acceptable Financing Conventional,Small Business Loan
Listing Terms Conventional,Small Business Loan
Special Listing Condition Resale