Owner Financing is Available!
Business Overview:
This is a mom and pop hardware store that is now being sold for the real estate value. It is priced below what other properties that have sold on this busy intersection. Business is profitable but may have a better use at this time. Owner is retiring.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This is an existing hardware store that sits on .5 acre. The building is steel beam construction with 6,000 square feet on the main floor with a 3,000 square foot basement that also has a loading dock. The property currently has excellent visibility from the busy intersection in a very dense commercial section of Stone Mountain.
Location Description: 6,000 square feet of retail space with 3,000 additional basement space. Traffic counts are 16,980 per day on the main road and 26,640 on the intersection. Lot has 104 feet of frontage and currently has 18 parking spaces with room in the rear for an additional 15 - 20.
Year of Construction: 1984.
Building Square Feet: 6,000 + 3,000.
Price per square foot: $133
Income Property Gross Income: $402,308.
Income Property Net Operating Income: $74,000.
Current Property Expenses: Property taxes are approximately $8,000 per year. Total utilities runs approximately $10,500 per year.
Reason for Selling:
Retiring.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.