FIRM PRICE ADJUSTMENT: Prime Downtown Springfield Mixed-Use Building for Sale
Located in the heart of vibrant downtown Springfield, this 7,920 SF, two-story mixed-use building is a fantastic investment opportunity. Built in 2023, the property is fully occupied with a diverse tenant mix, offering both commercial and residential income streams. Additional financials available upon request.
Key Property Features:
Size: 7,920 SF, two-story building
Year Built: 2023
Fully Occupied: 2 commercial tenants, 3 residential tenants, average cost per square foot is $17, modified triple net with annual leases
Location: Downtown Springfield, offering high visibility and foot traffic, adjacent to large public parking and City Hall
Income: Est. Annual $132,600 / Est. Annual Exp $15,495 / Est. Annualized NOI $117,105
Additional interior pictures of the residential units can be found here taken before the units were occupied > https://www.apartments.com/302-s-laurel-st-springfield-ga-unit-1/1bezrv7/
