731 Progress Road

Description

Prime Income-Producing Commercial Property – 3 Buildings, 4 Tenants, High-Traffic Gilmer County Location!An exceptional income-producing investment located in the center of Gilmer County's bustling commercial corridor, this fully occupied 1.35-acre property features three buildings totaling 9,624 sq ft, with two attached buildings and four established tenants, providing immediate and dependable revenue in a highly desirable, high-traffic location near Walmart, Lowe's, major restaurants, and medical facilities.Building 1 (Brown Building) is a 4,800 sq ft storage/warehouse built in 1995 (effective 2001) with 16' wall height, 3,600 building, and a 1,200 sq ft canopy that is closed in= total of $4,800. And also has an 800 sq ft utility room on it.Building 2 (Blue Building) is an 880 sq ft service garage built in 2005 (effective 2009) with 14' wall height and two canopies (912 sq ft and 160 sq ft). Building 3 (Red Building and Green Building), attached to Building 2, is 3,140 sq ft built in 2004 (effective 2009) with 14' wall height and three canopies (75 sq ft, 120 sq ft, and 120 sq ft).Situated directly across from a planned new commercial development, this property occupies a truly prime location in a rapidly growing area of North Georgia. Designed for ease of ownership, the buildings have been well cared for and require little ongoing maintenance, making this a low-management asset with consistent returns. Tenants pay their own utilities, keeping operating costs low, with estimated water costs of $80–$85/month, insurance and property taxes around $2,500/year each, and minimal additional utilities. Zoned C1 and serviced by county water and septic, the property also offers untapped potential for paid parking, rental increases, repositioning, or expansion. With its prime location, solid performance, and value-add potential, this is an outstanding opportunity for both experienced investors and those entering the commercial market.- Power, water, septic, internet all here