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2240 Cascade Rd SW
Atlanta, GA 30311 Adams Park

$1,500,000 USD

Convenience Store For Sale  •  2,270 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,270 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1940
  • Tenancy Single
  • Zoning C1
37 Transit Score
66 Walk Score

Description 

2240 Cascade Road SW is a liquor store situated in Atlanta, Georgia 30311. The property encompasses a 10,193 square foot lot and offers 2,580 square feet of built space. It comprises two combined properties. The business generates an annual gross revenue of $1.3 million, yielding a cash flow of $330,000, with potential for further expansion. This presents a compelling investment opportunity. Notably, there is no other liquor store within a seven-mile radius..

Highlights

High Grossing Atlanta liquor store with limited competition and great value-added potential.
Limited competition.
High CAP, NOI approximately $450K for 2022.
Includes rental property next door (1270 square Ft) with $1700+ potential rental income, potential gaming or expansion.
Value-add opportunity with liquor store expansion, gaming, capital improvements.
Located in up and coming area near East Point.

Financial Summary

Total Expenses: $0 USD

Amenities

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
17 min - 8.9 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 20 min - 10.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Jeff Hammond 210-889-6819 HSI Commercial
Jeff Hammond 210-889-6819 HSI Commercial