$398,000
$398,000
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3651 Mars Hill RD #2150 Watkinsville, GA 30677
1,600 SqFt
Key Details
Sold Price $398,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $248
Subdivision The Summit At Mars Hill
MLS Listing ID CM1023062
Sold Date 03/14/25
HOA Fees $533/qua
HOA Y/N Yes
Year Built 2016
Annual Tax Amount $2,616
Tax Year 2024
Contingent Due Diligence
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Office
Property Description
Discover a prime investment opportunity at THE SUMMIT AT MARS HILL, SUITE 2150 in Watkinsville, GA. Priced at $398,000 with a solid 7.25% Cap Rate, this executive office building offers a NNN lease in place until September 2025, providing a hassle-free income stream. The property, built in 2016, boasts 1,600 SF of space featuring four spacious offices, a large double office or conference room with trey ceiling, a granite countered break area, and two tiled ADA-compliant restrooms. Located in the high-growth MSA of North Oconee County in the Athens, GA submarket, this well-maintained office park is strategically positioned near the Hwy 78/Hwy 316 corridor, ensuring easy access. With low ownership turnover and proximity to shopping centers and award-winning schools, this property stands out as an attractive investment or owner-user opportunity. Please inquire with broker/agent for additional details.1. Established low turnover office park, 2. Close to major highway corridors, 3. Low maintainance construction, 4. Long rental history - Stabilized income
Location
State GA
County Oconee Co.
Community Street Lights, Sidewalks
Zoning OIP
Interior
Interior Features Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s)
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Fireplace No
Exterior
Exterior Feature Landscape Lights
Community Features Street Lights, Sidewalks
Water Access Desc Public
Roof Type Asphalt,Composition,Shingle,Wood
Total Parking Spaces 6
Building
Lot Description Level
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID B 02L 215
Security Features None
Financing Conventional
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Bought with Cozart Realty, LLC


