Two-tenant, ± 5,135 SF, automotive retail building in Acworth (Cobb County, Atlanta MSA). Located on a fenced, ± 0.258 acre, corner lot on S. Main Street at Smith Street, the property is 50% occupied. The right side with one garage door (± 3,200 SF) is occupied by a month-to-month tire shop, and the left side with two roll-up doors (± 1,935 SF) is vacant.
The property is located within the city limits of Acworth and is zoned C-1 (Neighborhood Commercial District). Neighboring traffic counts on S. Main Street are 8,770 VPD. Highway 92 is 1 mile west of the property. Lake Acworth is less than half a mile south of it. Interstate 75 is 3.7 miles east and downtown Atlanta is 32.3 miles south of it.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
