GA
Dekalb
Decatur
30033
1924 Clairmont Road
1924 Clairmont Road, Decatur, GA 30033
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
55
$1,500,000

Home Details for 1924 Clairmont Road

Price
$1,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
8561
Year built
1950
Lot size acres
0.7
County
Dekalb
Garage
Basement
Full
Days on site
332
MLS Listing#
7462862
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.

Property Features
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Phone Available
    • Sewer Available
    • Underground Utilities
  • Waterfront and Water Access
    • None
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Restrooms
  • Parking
    • Parking Lot
  • Basement
    • Full
Listing Courtesy: Keller Williams Realty Metro Atlanta - 404-564-5560
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Last Updated: 2025-02-19 18:15:34
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EXIT REALTY WEST MIDTOWN
1024 Donald L Hollowell Pkwy N.W Ste A, Atlanta, GA 30318
Office
470 749 9378
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