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2978 Rainbow Drive Decatur, GA $ 750,000
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$ 750,000 Get more info
2978 Rainbow Drive
$ 750,000
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2978 Rainbow Drive

Decatur, GA, 30034
$ 750,000
Baths0.0

Monthly Estimate*

$ 5,239

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Studio

Commercial Property for sale in Decatur, GA

for $750,000. This building was built in 1979 on a lot size of 0.8.

Excellent investment opportunity highly visible fully occupied shopping center. Leased, long term tenants with long term leases. This commercial property is located in a busy commercial area. Close proximity to I-285 and I-20 Interstate. Property Facts - Building 5,100 square feet. Lot size .80, plenty of parking. This investment commercial property has two retail stores and Tire /Service repair shop. All three business are long term tenants with long term leases. Cap Rate 7.9%

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,536

Style

Commercial,Retail

Lot Size

0.8

Year Built

1979

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

10076215
Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Utilities Electricity Available Phone Available Sewer Available Water Available
Roof Other
Security Features Fire Sprinkler System
Construction Materials Block
Year Built 1979
Property SubType Commercial Retail
Tax Year 2021
Business Type Auto Service Professional/Office Retail
County DeKalb
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Shopping Center
Status Active
Directions From I-285 Go EAST towards Augusta Greenville. Take Exit 46 onto I-20 WEST towards Ralph D. Abernathy freeway Atlanta. Take Exit 65 onto Candler Road SR-155 Toward Decatur. Turn Left onto Rainbow Dri
City Decatur
Buyer Agent Compensation 3
Body of Water None
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 34848
Waterfront Y/N N
Carport Y/N N
Street Name Rainbow
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7536
Home Warranty Y/N N
Property Condition Resale
Structure Type Retail
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Display Window(s)
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Parking Features Parking Lot
Lot Features Level
Water Source Public
Total Parking 15
Lot Size Area 34848
Number of Buildings 1
Spa N
Building Area Total 0
Lot Size Acres 0.8
Frontage Length Total Road Frontage Length: 120
Lot Size Units Square Feet
Lot Size Source Other
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Bhgre Metro Brokers

Broker

adriane.drago@metrobrokers.com

Email

Affordability Calculator

$5,867
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,239
Monthly Property Taxes
$628
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4136269 Elementary School
4136505 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/3/2022$700,000 -6.67% Price Down
9/14/2022$750,000 -9.09% Price Down
7/29/2022$825,000 Listed Price

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2978 Rainbow Drive, Decatur, GA, 30034 is a Commercial Property for sale at $750,000 with a lot size of 0.8. 2978 Rainbow Drive is a studio with 0.0 baths and was built in 1979. The property's zip code is 30034 which is in Decatur, GA

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