404.352.2010
customerservice(at)dorseyalston(dotted)com
BUCKHEAD OFFICE:
100 West Paces Ferry Rd NW,
Atlanta, GA 30305
404.352.2010
East Cobb Office:
1000 Johnson Ferry Rd,
Bldg G, Marietta, GA 30068
404.352.2012
Intown Office:
853 N Highland Ave
NE, Atlanta, GA 30306
404.352.2010

Main Content

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    [description] => Investment deal in mixed-use center with professional office and retail space. Located in the renovated historic Ball Ground Elementary School, re-named "The Elm" and making for unique feel of property and adaptive re-use of historic building. 11 current tenants, and 13 total tenant spaces ranging from 644SF to over 8,000SF with current occupancy rate of 89%. These private office suites have been fully renovated and are suitable for both small and growing businesses with some sharing access to common areas, including bathrooms and some with fitted with fully private bathrooms. The two suites remaining for lease include 1700+SF "lunchroom" - an open area space that is perfect blank space for incoming business, and a 990SF space fit for commercial kitchen, which could easily be fitted for offices with private bathroom. 

Annualized Proforma NOI, based on 100% occupancy is over $350,000 with all leases in place having annual escalations of at least 3%. Common Area Maintenance Fees are paid by all tenants and cover expenses such as utilities, landscaping, trash services, security and janitorial expenses. 

The Elm is located a short drive from Interstate-575, just over a mile and a half away, which connects to Interstate-75 and Hwy-515, for easy commute from Canton, GA or Jasper, GA. Ball Ground is seeing an increase in growth as it is located in one of the more rapidly growing counties in the state of Georgia with an average yearly population increase over 6% each year since 2020 and healthy median household income over $100k.
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            [directions] => Take Exit 27 on I-575, right onto Howell Bridge Rd down to four way stop. Take Left onto Ball Ground Hwy then right at next light onto AW Roberts Dr. Take left at four way stop onto Old Canton Rd. Property will be on the right in less than quarter of a mile - white brick building.
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480 Old Canton Rd, Ball Ground, GA 30107

Price

$4,500,000

Property Video

Property Details for 480 Old Canton Rd

Old Canton Rd

MLS#7567927

Save Property
Investment deal in mixed-use center with professional office and retail space. Located in the renovated historic Ball Ground Elementary School, re-named "The Elm" and making for unique feel of property and adaptive re-use of historic building. 11 current tenants, and 13 total tenant spaces ranging from 644SF to over 8,000SF with current occupancy rate of 89%. These private office suites have been fully renovated and are suitable for both small and growing businesses with some sharing access to common areas, including bathrooms and some with fitted with fully private bathrooms. The two suites remaining for lease include 1700+SF "lunchroom" - an open area space that is perfect blank space for incoming business, and a 990SF space fit for commercial kitchen, which could easily be fitted for offices with private bathroom. Annualized Proforma NOI, based on 100% occupancy is over $350,000 with all leases in place having annual escalations of at least 3%. Common Area Maintenance Fees are paid by all tenants and cover expenses such as utilities, landscaping, trash services, security and janitorial expenses. The Elm is located a short drive from Interstate-575, just over a mile and a half away, which connects to Interstate-75 and Hwy-515, for easy commute from Canton, GA or Jasper, GA. Ball Ground is seeing an increase in growth as it is located in one of the more rapidly growing counties in the state of Georgia with an average yearly population increase over 6% each year since 2020 and healthy median household income over $100k.

Listing Agents

Exterior Details

ConstructionBrick 4 Sides
Built In1980
StoriesTwo
ParkingParking Lot
UtilitiesElectricity Available, Sewer Available, Water Available
Lot DescriptionCorner Lot
Lot Dimensions73186
Acres1.69

Location

Zip Code 30107
City Ball Ground
County Cherokee - GA

First Multiple Listing Service

Listing Provided Courtesy Of: The Good Group 770-874-9210

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This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.

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Data Last updated on April 28, 2025 7:45pm

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