1551 Jennings Mill Rd # 1400B Watkinsville, GA $ 725,500
1551 Jennings Mill Rd # 1400B
$ 725,500
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1551 Jennings Mill Rd # 1400B

Watkinsville, GA, 30677
$ 725,500
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 4,581

1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 1
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 2
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 3
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 4
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 5
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 6
1551 Jennings Mill Rd # 1400B, Watkinsville, GA 30677 - Image 7

Commercial Property for sale in Watkinsville, GA

for $725,500. This 3,200 square foot building was built in 1998 on a lot size of 0.03.

Now offered for sale as a stabilized, income-producing investment, this 3,200 SF Class B professional office unit is 100% leased to a single tenant in a highly desirable Watkinsville location. Positioned along Jennings Mill Road, just minutes from Epps Bridge Parkway, GA 316, and downtown Athens, the property provides excellent access to major corridors, strong visibility, and proximity to retail, dining, and residential growth in Oconee County. Unit 1400B spans three levels - a 1,200 SF lower level and 2,000 SF across the main and second floors - featuring flexible layouts, modern finishes, and ample natural light. The in-place tenant has approximately 4.5 years remaining on a 5-year lease with 4% annual rent escalations already built in, delivering secure, growing cash flow from day one with meaningful upside for an investor over the lease term and beyond, in one of the region's more desirable office markets. Full lease abstract and financials available upon request. Investment highlights List Price: $725,500 Cap Rate: 7.0% (based on Year 1 NOI) Year 1 NOI: $50,784 100% leased to a single tenant - ~4.5 years remaining on a 5-year term 4% annual rent escalations built in - contractual NOI growth every year In-place rent: $15.87/SF/YR + TICAM + utilities (TICAM = $4.23/SF/YR reimbursed by tenant) Passive, low-management single-tenant investment

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Commercial Active

Price

$ 725,500

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.03

Year Built

1998

Town/City

Watkinsville

County/Region

Oconee

MLS | Web ID

CL361905

Features
General
Living Area 3200.0
Heating Central Electric
Cooling Central Air Electric
Utilities Underground Utilities
Possession Other
Appliances Electric Water Heater
HOA Fee 1134.0
Security Features None
Restrictions Restrictive Covenant
Construction Materials Brick
Year Built 1998
Stories Count 3
Levels Three Or More
Unit Number 1400B
Property Subtype Office
Current Use Commercial Service Business
Parcel Number C 01P 014B
Community Features Curbs Gutter(s) Sidewalks
Assoc Fee Paid Per Monthly
County Oconee Co.
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
HOA Y
Attached Garage N
Garage Y/N N
Status Active
Directions Resource Valley office complex. Pull into the complex off Jennings Mill Rd take an immediate left until it dead ends then take a left. Building is on your right unit 1400B.
City Watkinsville
Lot Size Units Acres
Lot Size Square Feet 1307.0
Carport Y/N N
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Ownership Type Investor
Property Sub Type Additional Office
Expected Active Date 2026-07-31
Legal Description x
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Interior
Basement Partially Finished
Total Stories 3
Common Walls 1 Common Wall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Main Level Bathrooms 0
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 0.03
Spa N
Lot Size Acres 0.03
Road Surface Type Asphalt
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1551
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* Excluded Features
List By
Jacob Blickenstaff

Listing Agent

Virtual Properties Realty

Broker

blickenstaffenterprises@gmail.com

Email

Affordability Calculator

$4,581
Per Month
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0%
Monthly Principal & Interest
$4,581
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Default based on a 30-year fixed rate of 6.49% 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
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$725,500 Listed Price

Map


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1551 Jennings Mill Rd # 1400B, Watkinsville, GA, 30677 is a Commercial Property for sale at $725,500 with 3,200 sqft and a lot size of 0.03. 1551 Jennings Mill Rd # 1400B was built in 1998. The property's zip code is 30677 which is in Watkinsville, GA