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 7,251,579

Monthly Estimate*

$ 2,071

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Commercial Property for sale in Jonesboro, GA

for $299,900. This 7,251,579 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

$ 2,554

Style

Lot Size

0.28

Year Built

1943

Town/City

Jonesboro

County/Region

Clayton

MLS | Web ID

10877309

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air Fans
Utilities Electricity Available High Speed Internet Natural Gas Available Phone Available
Construction Materials Wood Siding
Year Built 1943
Property Subtype Commercial
Tax Year 2024
County Clayton
New Construction false
Property Type Commercial Sale
Attached Garage false
Garage Y/N false
Status New
Directions Use GPS
City Jonesboro
Lot Size Units Square Feet
Lot Size Square Feet 12196.8
Carport Y/N false
Tax Annual Amount 2554.51
Property Condition Fixer
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Air Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Lot
Lot Features City Lot Level
Water Source Public
Lot Size Area 12196.8
Building Area Total 7251579
Lot Size Acres 0.28
Lot Size Source Public Records
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* Excluded Features
List By
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 7,251,579 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