Prep Kitchen Hub Investment Opportunity

This property is located in Stone Mountain, GA.This ±5,737 SF, two level, commercial investment opportunity in Stone Mountain has an adjoining ±737 SF two bay auto garage with roll-up doors. It sits on a ±0.94-acre corner site on Redan Road just west of its intersection with S. Hairston Rd. The building, originally built in 1970, was renovated in 2023 & 2024. Eleven new prep kitchens were added to the ground floor and grease traps have been installed for the whole building. Nine ground floor units are occupied, and rents are increasing to $900/month in the next couple of months. The current monthly income is $10,330 per month. The upstairs can be built out in the same manner at an estimated cost of $120,000 yielding a potential income of $22,000 per month. Each level has separate entrance and storage/electrical closets. There are two curb cuts off Redan Road and approximately 24 parking spaces. The C-1 Zoning (DeKalb County) allows for a variety of retail and office uses, including minor automotive repair. Neighboring retail establishments include Walgreens, McDonald’s, Pizza Hut, Zaxby’s, Redan Village Shopping Center anchored by Family Dollar, Crow’s Crossing Shopping Center anchored by Kroger, Popeye’s, Wendy’s and Jiffy Lube. The property is less than 2 miles east of I-285, 6.4 miles east of Decatur and 12 miles east of Atlanta. Traffic counts west of the property on Redan Rd are 17,900 VPD. Priced at $1,800,000.