ENHOUZ™Business Marketplace
RELIG · For Sale

450 Stephens ST, Rochelle Active

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Asking price
$299,900
Price / SF
$83.77
Cap rate
—
Sale type
—
Property type
RELIG
Property subtype
RELIG,FOOD,OFFIC,RETAI
Building class
—
Building size
3,580 sq ft
Year built
1958
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
1.00 acres
Zoning
C3
Frontage
235 ft
Listing #
EN-4873
MLS #
10769262

**INCOME-PRODUCING STRIP CENTER FOR SALE | MULTI-TENANT COMMERCIAL INVESTMENT PROPERTY** Exceptional opportunity to acquire a **multi-tenant, income-producing commercial investment property** with multiple established businesses, diversified rental income, and additional upside potential. This well-maintained strip center features **5 separate commercial spaces, with 4 currently occupied and 1 vacant suite available for lease or owner-user use**, providing an immediate opportunity to increase rental income. Recent property improvements include **exterior painting, a sealed metal roof, and updated HVAC systems**, helping position the property for continued operation with reduced near-term capital needs. The property includes an **established owner-operated laundromat** with numerous recent improvements and commercial equipment, including serviced and reworked washers and dryers, a security system with **12 cameras accessible remotely by phone**, vending machines, an on-site restroom, and a change machine. The laundromat provides an additional income-producing business opportunity for an investor or owner-operator. The remaining occupied suites offer a diverse tenant mix, including an **established restaurant with its own HVAC system and commercial hood, a Holistic Pet Spa, and a church**. The combination of multiple tenants and commercial uses provides **diversified income streams** rather than reliance on a single tenant or business. The additional vacant suite creates valuable **future income potential**, making the property attractive to investors seeking to increase occupancy and rental revenue. It also offers flexibility for an owner-user seeking commercial space while generating income from the remaining suites. **Property highlights include:** * Income-producing multi-tenant strip center * 5 separate commercial spaces * 4 currently occupied * 1 vacant suite with lease or owner-user potential * Established owner-operated laundromat * Multiple additional established tenants * Restaurant space with commercial hood and dedicated HVAC * Holistic Pet Spa * Church * Updated HVAC systems * Metal roof recently sealed * Recent painting and property improvements * Laundromat equipment recently serviced and reworked * 12-camera security system with remote phone access * Vending machines and change machine * On-site restroom * Diversified commercial income streams * Potential to increase income through leasing the vacant suite * Suitable for investor or owner-user * Full equipment details and financial information available to qualified buyers This **commercial investment property** offers the combination of established occupancy, multiple income-producing businesses, recent improvements, and additional upside through the remaining vacant space. An excellent opportunity for an investor seeking **income-producing commercial real estate with value-add potential and diversified tenant income**.

Location

GAMLS
Listed by Keller Williams Georgia Communities
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10769262

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