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8841 Highway 54 Jonesboro, GA $ 299,900
8841 Highway 54
$ 299,900
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8841 Highway 54

Jonesboro, GA, 30238
$ 299,900
Bedrooms-- Baths-- Sq 2,304

Monthly Estimate*

$ 2,071

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Commercial Property for sale in Jonesboro, GA

for $299,900. This 2,304 square foot building was built in 1943 on a lot size of 0.28.

EXCEPTIONAL BOARDING HOUSE INVESTMENT OPPORTUNITY! This property features two buildings with significant rental income potential and substantial upside once renovations are complete. BUILDING ONE: A partially renovated 2-bedroom, 2-bathroom unit. The kitchen and bathroom renovations are nearly complete, with remaining work including drywall repairs, window repairs, potential flooring replacement, and general cleanup. BUILDING TWO: Configured for two 1-bedroom, 1-bathroom apartments and four studio apartments. The building features a newly installed sprinkler system with fire department water access at the front of the property. Some kitchen and bathroom renovations have been completed, while much of the building remains down to the studs, offering an opportunity to customize the space during renovation. With substantial renovation potential and multiple units to bring online, this property presents an excellent opportunity for investors seeking to maximize rental income and long-term value.

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Commercial Active

Price

$ 299,900

Property Type

Commercial

Taxes

$ 2,555

Style

Lot Size

0.28

Year Built

1943

Town/City

Jonesboro

County/Region

Clayton

MLS | Web ID

7857937

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Electricity Available Natural Gas Available Phone Available
Roof Asphalt
Zoning C
Security Features Fire Sprinkler System
Construction Materials Wood Siding
Year Built 1943
Electric 110 Volts 220 Volts
View City
Levels Two
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
Business Type Residential
Waterfront Features None
Accessibility None
County Clayton - GA
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale
HOA false
Energy Efficient None
Green Energy Generation None
Other Structures None
Status Active
Directions Use GPS
City Jonesboro
Body of Water None
Property Attached Y/N false
Tax Annual Amount 2555
Home Warranty Y/N false
Property Condition Fixer
Standard Status Active
Tax Lot n/a
Cap Rate 0
Freehold IDX
Corporate Owner None
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Interior
Interior Amenities Other
Basement None
Flooring None
Window Features Double Pane Windows
Total Baths 0
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Exterior
Fencing Wood
Parking Features Parking Lot
Lot Features Level
Water Source Public
Total Parking 8
Foundation Details Slab
Number of Buildings 2
Building Area Total 2304
Lot Dimensions 0
Lot Size Acres 0.28
Road Surface Type Asphalt
Lot Size Source Builder
Road Frontage Type City Street
Other Equipment None
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* Excluded Features
List By
Kate Hayfer

Listing Agent

Southern Classic Realtors

Broker

kate@hayfergroup.com

Email

Affordability Calculator

$2,284
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,071
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$299,900 Listed Price

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8841 Highway 54, Jonesboro, GA, 30238 is a Commercial Property for sale at $299,900 with 2,304 sqft and a lot size of 0.28. 8841 Highway 54 was built in 1943. The property's zip code is 30238 which is in Jonesboro, GA