1908 N. SLAPPEY BOULEVARD

1908 N. SLAPPEY BOULEVARD

Description

This commercial/industrial property located on 2.38-acres in the heart of Albany’s business district on N. Slappey Boulevard is zoned C-3 for Commercial District. The Georgia D.O.T. 2019 traffic count on this portion of N. Slappey Boulevard is reported at 23,500 vehicles per day. The entire property of three buildings contains approximately 33,213 square feet of enclosed area. The original building was constructed in 1978 and contains 7,190± square feet of finished heated and cooled area and 9,023± square feet of warehouse area. This building is leased to a gymnastics school for $3,500/month. Two other warehouse buildings were built in 1992 and 1993, containing 9,000 square feet and 8,000 square feet, respectively. The larger warehouse is leased on a month-to-month basis at $1,375/month, and the smaller warehouse is available for lease at $2.50 a square foot. Both clear span buildings have dock-high loading areas, and the 8,000 square foot warehouse has a new drive-in overhead door. The truck court is paved in asphalt and fenced. Potential gross income is estimated at $84,000 a year with a potential overall rate of return of 10% to 11%.

Property Details

Property Address – 1908 N. Slappey Boulevard Albany, Ga 31701

Sales Price - $570,000

Date Sold - 09/21/2021

Listing Agent – Mike Everett

Agent Phone # - 229-894-1925

Type of Property – Commercial Retail-Warehouse

Lot Size  - 2.38-Acres

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BUYERS, SELLERS, TENANTS, LANDLORDS, AND INVESTORS TO OPPORTUNITIES AND we'D LOVE TO HELP YOU TODAY.
Contact Mike