GA > Carrollton
Carrollton, GA 30117,529 Newnan ST
See all 38 photos
Carrollton, GA 30117,529 Newnan ST
Carrollton, GA 30117,529 Newnan ST
Carrollton, GA 30117,529 Newnan ST
Carrollton, GA 30117,529 Newnan ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
1
Apr
Wed
2
Apr
Thu
3
Apr
Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 615,000
Est. payment /mo
Save
Active Under Contract

529 Newnan ST Carrollton, GA 30117

4,255 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,255 sqft

Price per Sqft $144

MLS Listing ID 10454155

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1989

Annual Tax Amount $6,676

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 11325.6

Property Sub-Type Commercial,Office

Property Description

Located in the heart of downtown Carrollton, this property offers a great investment opportunity. The proximity to the downtown area enhances both property value appreciation and tenant stability. A 3-year Triple Net Lease from March 2025 to February 2028 is in place and offers security and a guaranteed income stream to the investor. The CAP rate is 9.76 at the asking price which is a good return on investment. The building and office is in good condition and its value will appreciate over time adding more to the investment's potential. For the buyer looking for Cash Flow and Appreciation, you need to take a look at this one.

Location

State GA

County Carroll

Zoning Office and Institutional

Interior

Heating Central, Hot Water, Natural Gas

Cooling Central Air

Flooring Carpet

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Garage Spaces 11.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 11

Garage No

Private Pool No

Building

Lot Description Business Park, Level

Faces Interstate 20 exit 24 go south on Hwy 61 into Carrollton. Hwy 61 turns into Bankhead Hwy and then Newnan Street. The property will be on the left just past South Coleman Street. If you get to S. White Street you have gone too far. The office sits in the back of the parking lot on the right

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Others

Tax ID C05 0060021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

GET MORE INFORMATION

agent

Engel & Völkers Atlanta

+1(404) 845-7724

Full Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Engel & Völkers Atlanta, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(404) 845-7724 to obtain direct assistance.

Go tour this home

529 Newnan ST