Skip to content
AdamsRealty
Sign in
Back to results
For sale

$350,000

Price cut $75,000

Est. monthly cost

$2,723/mo

2988 Rainbow Drive, Decatur, GA 30034

Listing by Market South Properties Inc.

Beds
—
Baths
—
Sq ft
3,022
Lot
20,038 sqft

About this property

2988 Rainbow Drive, Decatur, GA 30034, is a single-story commercial building located in the Panthersville area. The property is approximately 3,022 square feet and sits on roughly 0.46-0.50 acres, with about 20 parking spaces and approximately 106 feet of frontage along Rainbow Drive. Built in 1974, the building is described as a flexible retail/storefront space with an open interior, office or reception area, bathroom, and drive-through access. The property is zoned for commercial use and has been associated with a dry-cleaning/retail business.

Type
Commercial
Year built
1974
Price per sq ft
$116
Garage
—
Property tax (2025)
$9,893/yr
Listed
—
MLS #
10866629

Features

Lot

Near Public Transit

Property details

Exterior and lot

Lot size:
0.46 acres

Construction

Construction materials:
Concrete, Frame
Property condition:
Fixer

Utilities

Sewer:
Other
Water source:
Public

Parking

Parking features:
Paved, Parking Lot

Taxes and financial

Annual tax amount:
$9,893 (2025)

Monthly cost

Estimated monthly cost

$2,723/mo

Principal & interest
$1,724
Property taxes
$824
Home insurance
$175

$70,000

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 24, 2026Listed for sale$425,000

Location

Listing information

Listing office:
Market South Properties Inc.
Listing ID:
10866629
Status:
For sale

Source: Georgia MLS · Updated 10m ago · Nov 11, 2026, 11:00 PM 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 11, 2026, 11:00 PM ET

Report a listing problem

Similar properties nearby

$350,000

— bd · — ba

Ask a question