$750,000

405 Gaines School Rd, Athens GA, 30605

Price per sqftN/A

Built in1955

Property typeCommercial

Overview

Active

Listed Sep 20, 2026

Updated 11 days ago

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.

Additional information

MLS^® ID: CL364952

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.03 Acres

Also listed on GAMLS / MLS

Courtesy of Virtual Properties Realty with Jacob Blickenstaff,
Listing Contact: (404) 281-5002

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Data last updated 3:46 PM UTC, 9/20/2026