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For sale

121 Coleman Drive, Eatonton, GA 31024

Listing by Georgia Premier RE Advisors

Beds
—
Baths
—
Sq ft
4,816
Lot
0.78 acres

About this property

Georgia Premier RE Advisors is pleased to present an excellent opportunity to acquire an income-producing commercial property featuring an established automotive repair/tire shop tenant with a 2-year lease in place. Located within a commercial/industrial corridor, this property offers an attractive combination of in-place rental income, functional improvements, and additional income potential. The property features a 4,800-square-foot metal building equipped with three roll-up doors, natural gas, city water, and 240-volt electrical service, making it well-suited for automotive repair, tire service, and other commercial or industrial uses. A fenced storage lot provides valuable space for vehicle parking, equipment, and outdoor storage. Two additional storage buildings offer potential opportunities to generate supplemental rental income and further enhance the property's investment appeal. The tenant is responsible for all utilities, minor maintenance expenses, and insurance, while the landlord covers property taxes and major maintenance expenses. This expense structure offers investors a straightforward income-producing opportunity with several operating costs handled directly by the tenant. Featuring a 10.2% capitalization rate, an established automotive tenant, and potential for additional rental income, this property presents an attractive opportunity for investors seeking strong in-place returns and long-term investment potential in a commercial/industrial setting. Please do not disturb current tenants and schedule a showing with listing agent.

Type
Commercial
Year built
1980
Price per sq ft
$55
Garage
—
Property tax (2026)
$2,380/yr
Listed
—
MLS #
10878944

Features

Heating

Natural Gas

Cooling

Fans

Flooring

Concrete

Lot

Level

Property details

Exterior and lot

Lot size:
0.78 acres
Fencing:
Chain Link, Fenced
Other structures:
Garage(s), Workshop

Construction

Construction materials:
Steel Siding
Roof:
Metal
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Electric:
220 Volts
Utilities:
Electricity Available, High Speed Internet, Water Available

Parking

Parking features:
Paved, Secured, Parking Lot

Taxes and financial

Annual tax amount:
$2,380 (2026)

Monthly cost

Estimated monthly cost

$1,636/mo

Principal & interest
$1,305
Property taxes
$198
Home insurance
$133

$53,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 25, 2026Listed for sale$265,000

Location

Listing information

Listing office:
Georgia Premier RE Advisors
Listing ID:
10878944
Status:
For sale

Source: Georgia MLS · Updated 13m ago · Nov 15, 2026, 9:00 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 15, 2026, 9:00 AM ET

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