Sold

Closed

118 Commerce Boulevard

Athens GA, 30606

$1,975,000


$79.32 per sqft

Sold

Closed

24,900 sqft

Commercial

Built in 1987

Bought with CJ Southall with Keller Williams Greater Athens and Listed by Daniel Bennett with NAI Elrod Group (706) 553-1000

Property Description: This unique warehouse/storage property offers over 24,000 SF of space, including three warehouses and 42 storage units on 1.86+/- acres. Just off Atlanta Hwy in West Athens, this property is zoned Commercial General (C-G). All three warehouses in this portfolio are fully leased. Warehouse #1 has 9,000 SF in total and consists of approximately 7,000 SF of warehouse space with a 10' grade-level rollup door and roughly 2,000 SF of showroom/office space. Warehouse #2 has 7,500 SF in total and features around 4,500 SF of warehouse space with a clear height of 13'10 up to 15' 7 with three grade-level 12' roll-up doors. It also encompasses approximately 3,000 SF of office space. Warehouse #3 is a 2,250 SF open warehouse with 2 8' grade-level roll-up doors. This property also includes 42 storage units totaling 6,150 SF that have stayed 50%+ leased with little effort or marketing. There are (3) larger 600 SF+/- units, (8) 10'x20' units, (20) 10'x10' units, and (11) 5'x10'. This is a one-of-a-kind opportunity. Area Description: Located at 118 and 120 Commerce Blvd, just off Atlanta Hwy in West Athens, this property is just minutes from everything. You can be to Hwy 78 or Hwy 316 in under 5 minutes, and to Downtown Athens and UGA is just 13 minutes. This Atlanta Highway corridor continues to be one of the busiest corridors in Athens, with a high concentration of small businesses from various sectors.1. Multi-Property Warehouse/Storage Investment, 2. 3 Warehouses and 42 Storage units, 3. Over 24,000 SF of Space Total, 4. Income In-Place with Upside, 5. Just Minutes to Hwy 316 and Hwy 78

1008593

MLS ID

August 2, 2023

Listed

July 13, 2024

Updated

Map

118 Commerce Boulevard
Athens GA, 30606

Interior Features

Total Stories

1


Interior Features

Other, See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.86 Acres


Lot Features

Level


Sewer

Public Sewer

Other Property Details

Taxes

$12,263


Tax Frequency

Annually


Days on Market

96


Garage

No


Parking

Off Street, Parking Available


Parking Total

20


View

No


County

Clarke Co.


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/14/2023

Price Change

$1,975,000

-11%

12/14/2023

Sold

$1,975,000

11/6/2023

Pending

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gena Knox shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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