Watkinsville, GA 30677,3651 Mars Hill RD #2150

$398,000

Est. payment /mo

$398,000

Est.Price: ?

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3651 Mars Hill RD #2150 Watkinsville, GA 30677

1,600 SqFt

SOLD DATE : 03/14/2025

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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Anna Purpura

Anna Purpura

Engel & Völkers

+1(630) 660-2874

Our team is ready to help you sell your home for the highest possible price ASAP


Savannah Multi-List (SMLC)
Listed by WHR Real Estate Co.
Bought with Cozart Realty, LLC
Anna Purpura

Anna Purpura

Advisor

+1(630) 660-2874

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