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405 Gaines School Road, Athens, Georgia

$750,000
Active
405 Gaines School Road, Athens, Georgia
405 Gaines School Road, Athens, Georgia
405 Gaines School Road, Athens, Georgia
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Property Details

MLS ID: 10849759
Status: Active
Price: $750,000
Acres: 1.03±
Type: Commercial
Address: 405 Gaines School Road
City, State: Athens, GA
County: Clarke County
ZIP Code: 30605
Lat/Long: 33.93430, -83.32754
Parcel Number: 233D1 D002
SqFt: 4,664
Year Built: 1955

Description

A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.

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Ryker Carter

Ryker Carter

Carter Group

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 30, 2026 at 4:00:03 PM UTC.

Copyright 2026 Georgia MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by GAMLS. Data last updated October 30, 2026 at 4:00:03 PM UTC.

Listed By: Jacob Blickenstaff of Uc Premier Properties - (404) 281-5002