Homes for sale - 8220 Tara BLVD, Jonesboro, GA 30236

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Feb

Sun

Feb

Mon

Feb

Michael Smith

mic.smithga@gmail.com +1(470) 332-1844

$ 3,650,000

Est. payment | -/mo

12,600 SqFt

Save

$ 3,650,000

Est. payment | -/mo

Save

12,600 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,600 sqft

Price per Sqft $289

MLS Listing ID 7461498

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1996

Annual Tax Amount $14,496

Tax Year 2023

Lot Size 1.150 Acres

Acres 1.15

Property Sub-Type Retail

Property Description

Presenting an exceptional investment opportunity to acquire a high-performing, established & prominent, massive retail adult novelty store with a separate tattoo supply counter and a smoke shop within, sold fully TURN-KEY with the land, building, business & all inventory. Extremely high-traffic business with expansive exposure on fast-growing Tara Blvd in the city of Jonesboro, with nearly 147 ft of road frontage. The pristine, solid brick, fenced-in building spans on 1.15 acres, offering 35 parking spaces with maximum visibility to 54,000 VPD. Meticulously maintained, the stand-alone building is 12,600 square feet, including two large warehouses sized at 38 ft. x 40 ft. and 28 ft. x 48 ft for creative income-added opportunities such as a game machine room, an entertainment lounge and/or flexible range of other uses. The current owner is nearly absent and the business is being managed with stable, long-term management who aspire to continue under new ownership if needed. With returning and growing clientele for over a decade, the total sales for 2024 calculated about $806,000 +/-, easily making this an incredible investment with an approximately 16% CAP rate, not including the running inventory. Additional property features include a 32-camera security system, an integrated irrigation system, a freestanding shed in the back of the lot, a fully updated AC system that was replaced a few years ago as well as multiple organized offices, restrooms for employees as well as customers and sufficient storage. The layout provides ample room for future growth, offering significant potential for creative development. This gold-mine opportunity is ideal for a savvy investor looking to expand their portfolio with an already highly profitable turn-key business and fantastic margins. Virtual tour and additional photos are available upon request with a signed NDA.

Location

State GA

County Clayton

Zoning GB

Lake Name None

Rooms

Other Rooms Storage - Other

Basement None

Interior

Interior Features High Ceilings 10 or Greater, Recessed Lighting, Reception Area, Restrooms, Track Lighting

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood, Concrete, Carpet

Window Features Display Window(s)

Exterior

Parking Features Parking Lot

Fence Chain Link, Fenced

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Other

Roof Type Metal

Street Surface Asphalt

Total Parking Spaces 35

Private Pool false

Building

Lot Description Level, Free Standing

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Construction Status Resale

Others

Senior Community no

Tax ID 13239B C006

Special Listing Condition None

Listed by Keller Williams Realty Atlanta Partners

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 332-1844

mic.smithga@gmail.com

8220 Tara BLVD Jonesboro, GA 30236