365 Fayette Pl

Fayetteville, GA
$ 5,000,000 Beds 0 Baths 0 Sq 68,450
Monthly Estimate* How much can I afford?

Well established Fayette Place Shopping Center, along with several surrounding properties, is now available as a package sale. Please see attached documents (or contact agent) for full details. The shopping center itself consists of four separate buildings with more than 40,000 SF of retail/restaurant/office space on several acres. Also included are buildings fronting GA Hwy 85 and East Georgia Avenue. Total square footage of all nine structures is approximately 70,996 with approximately 68,450 SF being finished and heated (the difference being a storage warehouse). Total land size is approximately 7.52 acres. This property is located on busy Hwy 85 between Georgia Avenue, Hood Avenue and Church Street and is part of the City of Fayetteville Tax Allocation District (TAD). Current rents are below market, allowing for increases by the new owner or possible redevelopment that might take advantage of the large amount of road frontage created by the city's recent road realignment project. Current tenants include La Hacienda (which is being reopened under new management), HJ Wings & Things, CBD Superstore, Huddleston's Florist, Georgia Potato Factory (new & opening soon), K & H Alterations & Cleaners, Hack Shack and Classic Consigner. Current occupancy is 100%. Cap rate 7.11%. Contact agent for more information. Agent is related to seller of most parcels and is co-owner of one parcel. Parcels included are: 0530 008, 0530 139, 0530 014, 0530 012, 0530 013 and 0530 039.

Pending

  • Price
  • $ 5,000,000
  • Lot Size
  • 7.52 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 68,450
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Fayetteville
  • Taxes
  • $ 41767
  • County
  • FAYETTE
  • Style
  • Area
  • Faye
  • MLS#
  • 8909732
  • Zip
  • 30214
Listing Provided by: Dawn Scarbrough with RE/MAX Legacy.
Data Source: Georgia Multiple Listing Service

Features

General

Building Name Fayette Place
Business Type Other (See Remarks)
Class Commercial
Construction Status Resale
Cooling Central A/C
Energy Related None
Feature Name Fayette Place Shopping Center and other adjacent properties.
Heating Central
Heating Source Electric, Gas
Listing Area FAYE
Location Corner Lot, Inside City Limits, Shopping Center
Possible Financing Cash, Conventional
Price Per Sq Ft 73.05
Showing Instructions Appointment Agent, Call Agent Only
Special Conditions Agent/Seller Relationship
Status Pending
Status Under Contract
Tax Year 2019
Taxes 41767.21
Type Commercial
Utilities Electricity, Natural Gas, Sewer Available, Telephone, Water
Zoning C-2

Interior Features

Square Footage 50000-100000
Total Finished Area 68450

Exterior Features

Acreage Source Owner/Seller
Frontage Type County/City Road, Pavement, State Highway
Lot Size 5-10 Acres
Lot Size Area 7.52
Openparking Paved Lot
Total Buildings 9
Total Parking 300

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the ATLANTA, GA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/8/2021 Listed $5,000,000

Property vs Zip Code Average in 30214

Price
AVG $410K
$5M
Taxes
AVG $2,280
$41,767
Visits
AVG 49
23

Map

Areas That We Cover

365 Fayette Pl Fayetteville, GA is a Single Family Home for sale at $5000000 with 68450 sqft and a lot size of 7.52 Acres Acre(s). 365 Fayette Pl Fayetteville has 0 bedrooms, 0 baths . The property's zip code is 30214 which is in Fayetteville, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.