405 Gaines School Rd Athens, GA ^$ 750,000

405 Gaines School Rd

^$ 750,000

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405 Gaines School Rd

Athens, GA, 30605

^$ 750,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 4,736

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Commercial Property for sale in Athens, GA

for $750,000. This building was built in 1955 on a lot size of 1.03.

A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.

Commercial Active

Price

^$ 750,000

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

1.03

Year Built

1955

Town/City

Athens

County/Region

Clarke

MLS | Web ID

CL364952

Features

General

Heating Central Electric

Cooling Central Air Electric Heat Pump

Utilities Underground Utilities

Possession Subject To Tenant Rights

Appliances Electric Water Heater

Zoning C-O

Security Features None

Construction Materials Stucco

Year Built 1955

Property Subtype Office

Current Use Office

Parcel Number 233D1 D002

Community Features Curbs Gutter(s) Sidewalks

County Clarke

Net Operating Income 51811.0

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) N

HOA N

Attached Garage N

Garage Y/N N

Status Active

Directions GPS Friendly

City Athens

Zoning Description Commercial

Lot Size Units Acres

Lot Size Square Feet 44867.0

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Considered Y/N N

Standard Status Active

Occupancy Type Tenant

Ownership Type Investor

Property Sub Type Additional Office

Expected Active Date 2026-09-04

Cap Rate 6.91

Legal Description x

Exterior

Water Source Public

Total Parking 31.0

Lot Size Area 1.03

Spa N

Lot Size Acres 1.03

Road Surface Type Asphalt

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Main Level Bathrooms 0

Internal Only

Street Number 1 405

* Excluded Features

List By

Jacob Blickenstaff

Listing Agent

Virtual Properties Realty

Broker

blickenstaffenterprises@gmail.com

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$4,736

Per Month

Monthly Principal & Interest: $4,736
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Athens, GA

Average List Price ^$1,366,020

Percent of Sale Price 82%

About Athens, GA

120,660 Population

20% Since 2002

^$36,345 Median Income

27.85 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/20/2026	$750,000		Listed Price

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405 Gaines School Rd, Athens, GA, 30605 is a Commercial Property for sale at $750,000 with a lot size of 1.03. 405 Gaines School Rd was built in 1955. The property's zip code is 30605 which is in Athens, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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405 Gaines School Rd

Commercial Property for sale in Athens, GA

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