5665 Austell Powder Springs RD, Austell, GA 30106 - MLS#10372372

$292,500

Est. payment - /mo

988 SqFt

UPDATED:

Key Details

Sold Price $292,500

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 988 sqft

Price per Sqft $296

MLS Listing ID 10372372

Year Built 1945

Annual Tax Amount $2,050

Tax Year 2023

Lot Size 1.381 Acres

Property Sub-Type Commercial

Property Description

Prime Development Opportunity in Downtown Austell Back On The Market! Don't miss out on your second chance at this incredible property after buyer's financing fell through. This 1.4-acre property, currently zoned General Commercial (GC), is strategically located within Austell's Livable Centers Initiative (LCI) zone, making it a key site for future development. With the city expressing a strong interest in compatible uses such as rezoning for townhomes or other uses that align with the LCI study, this site offers tremendous potential for developers and business owners alike beyond the current zoning regulations. IDEAL LOCATION: Situated on Austell Powder Springs Rd., the site benefits from its proximity to the upcoming Austell Powder Springs Rd. multi-use trail, which will start at Joe Jerkins Blvd. and connect to the Silver Comet Trail enhancing accessibility to the area. The property is also just 1.6 miles from the 25-acre Threadmill Complex, a site the city is actively discussing with developers for a transformative "Ponce City Market-like" redevelopment. HIGH TRAFFIC EXPOSURE: Austell Powder Springs Rd. recorded an Average Daily Traffic (ADT) count of 9,750 vehicles as of May 31, 2019, providing excellent visibility and access for both residential and commercial uses. UTILITES: Sufficient sewer and water capacity available on both Austell Powder Springs Rd. and Owens Dr., as confirmed by city staff, making it an excellent candidate for townhome development. ZONING FLEXIBILITY: The seller is open to working with developers on the rezoning process, with the potential for higher density or alternative uses in line with the city's goals for downtown revitalization. NEIGHBORHOOD-COMPATIBLE BUSINESS OPPORTUNITY: Beyond residential development, this site is also ideal for neighborhood-compatible businesses such as cafes, boutiques, and professional offices, offering the chance to contribute to the area's growth while benefiting from a built-in customer base. EXISTING STRUCTURE: Includes a 988 sq. ft. building on-site, offering potential interim use or redevelopment options. Whether you're looking to create a new residential community, establish a neighborhood-friendly business, or capitalize on Austell's growth, this site offers endless possibilities. The offer price should reflect potential rezoning outcomes, and relevant city zoning documents are available online. Listing broker has successfully upzoned property within Austell, along with having been a stakeholder on city's Comprehensive Plans, and LCI, and is available to assist or consult potential buyers through talks with the city to expedite their plans. Don't miss this opportunity to be part of Austell's exciting future! *Yellow outline in aerial view pictures is approximate and should not be used as a representation of precise boundaries. Survey is available in MLS documents, but please hire your own surveyor for reliable boundary lines.

Location

State GA

County Cobb

Zoning GC

Rooms

Other Rooms Other

Interior

Heating Floor Furnace

Cooling Window Unit(s)

Flooring Carpet, Laminate

Exterior

Parking Features Parking Lot

Garage Spaces 4.0

Fence Chain Link

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

View Y/N No

Roof Type Composition

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Resale

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Broker | License ID: 294432

Broker License ID: 294432

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5665 Austell Powder Springs RD Austell, GA 30106