103 W Courthouse SQ Save Request In-Person Tour Request Virtual Tour
Cumming,GA 30040
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status New
Purchase Type For Sale
Square Footage 8,727 sqft
Price per Sqft $148
MLS Listing ID 10578886
HOA Y/N No
Year Built 1950
Annual Tax Amount $69,776
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 4791.6
Property Sub-Type Commercial
Source Georgia MLS 2
Property Description
$1,300,000 Investment opportunity in Downtown Cumming, a growing area suitable for owner or owner/user investments. Located adjacent to City Hall for strong visibility and access. Fully leased commercial property for sale with 3-year term remaining; generates $81,900 annually NNN at 6.3% cap rate. Includes 3,850 SF operational space plus 4,400 SF basement storage, adaptable for various commercial uses. Contact listing agent for showings: Mondays (all day) or other days prior to 10 AM. Do not disturb tenants......
Location
State GA
County Forsyth
Zoning CBD
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Other,On Street
Utilities Available Electricity Available,High Speed Internet,Sewer Available,Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description Level
Faces 103 W Courthouse Square is occupied by \"Happy Family Chinese Restaurant and Sushi Bar\" and is adjacent to \"Village Burger\" on the SW corner of West Main Street and West Courthouse Drive directly across the street from the Courthouse Annex. There is parking along the street and in the rear.
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID C16 069
Special Listing Condition Resale