Lawrence Street, East Point, GA 30344

$39,000

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Sold Price
$39,000
List Price
$47,000

Property Description

Zoned for Storefront, Townhouse, Mixed use Retail bottom / Residential top. Drive thru business. Rare opportunity to acquire a cash-flowing infill site in East Point's Downtown Architectural Overlay District. This level, cleared 0.20 Acre Parcel currently zoned C-R. C-R (Commercial Redevelopment) zoning in East Point, GA, primarily located north of Irene Kidd Parkway near the East Point MARTA station (encourages mixed-use, pedestrian-friendly development. It promotes a blend of retail, commercial, and residential uses, such as, Accounting office, Salon, Insurance agency, Bike shop, Tailor shop, short term hotel rental ect, often incorporating specific design guidelines. PASSIVE INCOME & DEVELOPMENT SITE 0.20 AC * Value-Add Potential: * The "Passive" Advantage: This is a "No Tenants, No Toilets" investment-high-yield cash flow with zero maintenance or residential management headaches. * Location: 0.5 miles to MARTA and 1.5 miles to Tyler Perry Studios. The property is known as 0 Lawrence St. Navigate to Krystals in East Point at 2509 Main St, East Point Ga 30344. You will see a sign on the property next to the gray fence. There is a fence around the property.

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Listing courtesy of Virtual Properties Realty.com. Selling Office: .

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