121 Coleman Dr, Eatonton, GA 31024
121 Coleman Dr, Eatonton, GA 31024
121 Coleman Dr, Eatonton, GA 31024
121 Coleman Dr, Eatonton, GA 31024
121 Coleman Dr, Eatonton, GA 31024
121 Coleman Dr, Eatonton, GA 31024
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$ 265,000
Est. payment | /mo

4,816 SqFt


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$ 265,000
Est. payment | /mo
Save

4,816 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status New

Purchase Type For Sale

Square Footage 4,816 sqft

Price per Sqft $55

Subdivision No Subdivision

MLS Listing ID 10878944

HOA Y/N No

Year Built 1980

Annual Tax Amount $1

Tax Year 2026

Lot Size 0.780 Acres

Acres 0.78

Lot Dimensions 33976.8

Property Sub-Type Commercial

Source Georgia MLS 2

Property Description

Georgia Premier RE Advisors is pleased to present an excellent opportunity to acquire an income-producing commercial property featuring an established automotive repair/tire shop tenant with a 2-year lease in place. Located within a commercial/industrial corridor, this property offers an attractive combination of in-place rental income, functional improvements, and additional income potential. The property features a 4,800-square-foot metal building equipped with three roll-up doors, natural gas, city water, and 240-volt electrical service, making it well-suited for automotive repair, tire service, and other commercial or industrial uses. A fenced storage lot provides valuable space for vehicle parking, equipment, and outdoor storage. Two additional storage buildings offer potential opportunities to generate supplemental rental income and further enhance the property's investment appeal. The tenant is responsible for all utilities, minor maintenance expenses, and insurance, while the landlord covers property taxes and major maintenance expenses. This expense structure offers investors a straightforward income-producing opportunity with several operating costs handled directly by the tenant. Featuring a 10.2% capitalization rate, an established automotive tenant, and potential for additional rental income, this property presents an attractive opportunity for investors seeking strong in-place returns and long-term investment potential in a commercial/industrial setting. Please do not disturb current tenants and schedule a showing with listing agent.

Location

State GA

County Putnam

Zoning Commercial

Rooms

Bedroom Description No

Other Rooms Garage(s), Workshop

Interior

Heating Natural Gas

Cooling Fans

Flooring Concrete

Fireplace No

Exterior

Parking Features Paved, Secured, Parking Lot

Fence Chain Link, Fenced

Utilities Available Electricity Available, High Speed Internet, Water Available

View Y/N No

Roof Type Metal

Garage Yes

Private Pool No

Building

Lot Description Level

Faces Use GPS Address

Sewer Septic Tank

Water Public

Structure Type Steel Siding

New Construction No

Others

Tax ID 062 024

Special Listing Condition Resale

Georgia MLS - GAMLS
Nearby Locations
Malik Watson

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121 Coleman Dr