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405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
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405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
405 Gaines School Road
For Sale

405 Gaines School Road

405 Gaines School Road, Athens, GA 30605

$750,000
A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.

4,664 Sq.Ft. LIVING AREA

1.03 Acres lot

Jake Blickenstaff

Jake Blickenstaff

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area4,664 Sq.Ft.
  • Total Area4,664 Sq.Ft.
  • Lot Area1.03 Acres
  • MLS® ID10849759
  • TypeCommercial
  • YEAR BUILT1955
  • NeighborhoodAthens

Exterior

  • water SourcePublic
  • utilitiesElectricity Available, Sewer Available, Water Available
  • lot featuresCity Lot, Corner Lot
  • parkingPaved, Parking Lot
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$750,000
  • Real Estate Tax $8,004/yr
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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 405 Gaines School Road, Athens, GA 30605. We are reviewing your request and will be in touch shortly!
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Let's Talk About Your Property

Whether you're selling a building, leasing space, or looking for your next investment, working with me starts with a simple conversation. I listen to your goals, review the numbers, and give you an honest read on value, timing, and options. From there, I build a marketing and negotiation plan around your priorities and stay involved from first showing to closing day.
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Contact Details

Jake Blickenstaff

Phone

(404) 281-5002

Phone

(833) 886-5263

Email

[email protected]

Address

1551 Jennings Mill Rd #1600B
 Watkinsville, GA 30677

Submit a Message

By providing your contact information to Jake Blickenstaff, your personal information will be processed in accordance with Jake Blickenstaff's Privacy Policy. By checking the box(es) below, you expressly consent to receive marketing or promotional real estate communication from Jake Blickenstaff in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. Consent is not a condition of purchase of any goods or services. You may opt out of receiving further communications from Jake Blickenstaff at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe. SMS text messaging is subject to our Terms of Use.

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