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Listed by Carl H. Hawthorne • Atlanta Communities
$ 825,000
Est. payment /mo
Active
8695 Knox Bridge HWY Canton, GA 30114
0.98 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10374265
Construction Status Resale
Year Built 1973
Annual Tax Amount $319
Tax Year 2023
Lot Size 0.980 Acres
Property Description
Welcome to this perfect .98 acre property situated along HWY 20, offering 124 feet of road frontage and boasting an average daily traffic count of 15,000. The future looks bright for this prime location, with an eventual DOT widening project set to increase traffic counts and necessitate DOT compensation for additional road property required to 4-lane HWY 20 from Cartersville to Canton. Currently operating as a 2-unit Duplex featuring 2 bedrooms and 1 bath in each unit, this property presents an excellent opportunity for rental income as its commercial value continues to rise. Whether you're considering commercial use, awaiting commercial zoning approval, or exploring annexation possibilities, this property offers flexibility and immediate rental income. The back portion of the property opens doors for further development possibilities, potentially accommodating an additional duplex or a single-family home with county or city annexation. Positioned in a future land use commercial and neighborhood corridor, alongside other commercial properties in Cherokee County, there's a chance to annex into the City of Canton for expanded commercial or multi-family applications. Moreover, enjoy the proximity to the master-planned community of River Green Neighborhood, set to feature 1,200 homes, as well as nearby neighborhoods like Bridgemill. Don't miss this opportunity to invest in a property with promising prospects and a strategic location poised for growth and development. Contact us today to learn more and seize this lucrative investment opportunity!
Location
State GA
County Cherokee
Zoning R40
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Hardwood, Laminate
Exterior
Parking Features Other
Garage Spaces 4.0
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
Roof Type Other
Building
Sewer None
Construction Status Resale
Others
Special Listing Condition Estate Owned, No Disclosure
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