985 North Main St.

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985 North Main St.

Jasper, GA 30143-5147
Asking Price
$499K
Asset Type
Storefront Retail
Class
Class B

What's Special

1.27 acres with 2500 sq ft building on heavy trafficked highway ,corner lot ,near downtown Jasper. <ol><li>​Tremendous location, on corner, near downtown Jasper. High traffic area, main road to Talking Rock, GA.</li><li>​1.27 acre fenced-in lot, 8-foot chain linked fence with 16 foot (open) electric security gate.</li><li>​2500 sq ft building ,4 bays, office and 1800 sq ft open storage shed.</li><li>​Office has new flooring, new LED lighting, kitchen area, washer and dryer, shower and change area. Office front door is glass.</li><li>​Building is leased for $ 2,500/month until September 2026.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

Location & Travel Times