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1924 Clairmont Road

Decatur, GA 30033
  • $1,500,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 7462862
UPDATED: 56 min ago
$1,500,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,561
    SQFT
  • $175
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

The St Micheal's Center is on the market for the first time in 50 years. The subject property, located at 1924 Clairmont Road, Decatur, GA, is an office building zoned (O/I) located in the Decatur submarket. The subject property is a multi-tenant office building consisting of 21 fully leased executive office spaces. The building totals 7,558 square-feet and contains two stories with a terrace level. Market Lease value based on September 2024 Appraisal is $151,160 annually. The property is currently 100% occupied at $111,180 annual income with many long terms tenants. All existing leases are set to expire in 2025. This allows buyer to fully occupy the space if desired. Many tenants will want to renew if purchased as an investment. Property is priced just below appraised value as of Sept 2024.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-02-12T15:04:23.197. For issues regarding this website, please contact BoomTown.
www.century21connectrealty.com/homes/157176405
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1924 Clairmont Road Decatur, GA 30033

  • Price: $1,500,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 56 min ago
  • MLS #: 7462862
0
Beds
0
Baths
0
½ Baths
0.7
Acres
8,561
SQFT
$175
$/SQFT
1950
Built
County:
Dekalb
Area:
Dekalb
Property Description
The St Micheal's Center is on the market for the first time in 50 years. The subject property, located at 1924 Clairmont Road, Decatur, GA, is an office building zoned (O/I) located in the Decatur submarket. The subject property is a multi-tenant office building consisting of 21 fully leased executive office spaces. The building totals 7,558 square-feet and contains two stories with a terrace level. Market Lease value based on September 2024 Appraisal is $151,160 annually. The property is currently 100% occupied at $111,180 annual income with many long terms tenants. All existing leases are set to expire in 2025. This allows buyer to fully occupy the space if desired. Many tenants will want to renew if purchased as an investment. Property is priced just below appraised value as of Sept 2024.
Exterior Features

Construction Materials Brick 4 Sides Fencing Chain Link Foundation Brick/Mortar Lot Features Other Number Of Parking Spaces 26 Other Structures None Parking Features Parking Lot Pool Private YN No Road Front Feet 100 Road Surface Asphalt Road Type County Road Roof Type Asphalt Stories Two View City Waterfront Features None Window Features None

Interior Features

Basement Full Cooling Central Air Flooring None Heating Central Interior Features Restrooms

Property Features

Accessibility Features Accessible ClosetsAccessible Approach with Ramp Association YN No Business Type None Current Zoning O/I Electric None Green Energy Efficient None Green Energy Generation None Home Warranty No Lot Size Dimensions x 100 x 285 x 100 x 249 Other Equipment None Owner Pays None Property Attached YN No Property Condition New Construction Proposed Financing 1031 ExchangeCashConventional Recommended Zoning Office/Institution Sale Includes Building & Land Security Features None Special Circumstances None Special Listing Conditions None Tax Year 2023 Taxes 15474 Type Office Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground Utilities Water Source Public

Listing provided courtesy of Keller Williams Realty Metro Atlanta: 404-564-5560.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-02-12T15:04:23.197. For issues regarding this website, please contact BoomTown.
 
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880 Holcomb Bridge Rd, Suite 150
Roswell GA, 30076