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$595,000
Est. payment /mo
5,150 SqFt
Price Dropped by $64K
310 Ford Drive Columbus, GA 31907
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Key Details
Property Type Commercial
Sub Type Office Condo/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $115
MLS Listing ID 216407
Year Built 1987
Lot Size 0.530 Acres
Property Sub-Type Office Condo/Office
Property Description
This +/- 5,150 SF office property presents a prime opportunity for investors seeking stable income in a strategic location. Recently leased under a new 5-year modified gross lease, the property generates $72,000 in annual gross rental income, with a net income of $62,621.15 after expenses. This versatile property is zoned GC and designed to accommodate a range of professional uses, featuring a reception area, private offices, a conference room, and coworking spaces. Situated on 0.53 acres with ample parking and excellent access to major roadways, it offers both convenience and functionality. With a sales price of $595,000 and a 10.5% cap rate, this offering presents an excellent opportunity for investors seeking reliable income and long-term value.
Location
State GA
Area 08-S E Columbus
Others
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Listed by G2 Commercial Real Estate
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