Investment Opportunity - Over 6% Cap Rate | Long-Term Tenants | Turnkey Property This exceptional commercial property presents an outstanding investment opportunity in Madison's sought-after business corridor-just minutes from the charming Madison Historic District and convenient to I-20 and Athens. Offering a strong (over) 6% cap rate and long-standing, model tenants under three-year leases, this building provides steady income with triple-net leases and low operating expenses-ideal for investors seeking a reliable, hassle-free return. The smart dual-side design includes four private offices on each side, connected by a welcoming central foyer that naturally divides the space. Each side is equipped with its own break room and kitchenette plus private rear entry, offering flexibility for two independent tenants or one larger operation. A shared conference room enhances functionality for meetings or collaborative use. Totaling approximately 3,000 square feet, the property features eight private offices, one full bath, and two half baths. Major improvements include a newer roof, updated HVAC systems, and fresh interior paint, all contributing to reduced maintenance and strong tenant satisfaction. Ample on-site parking supports multiple businesses and their clients with ease. With its strong financials, prime Madison location, and professional, long-term tenants already in place, this property is a turnkey investment ready for a new owner to step in and enjoy consistent income and appreciation potential.
Multi-familyProperty Type
2005Year Built
3,049 sq ftLot Size
Listed by Monica Greene• Southern Classic Realtors
Bought with Monica Greene• Southern Classic Realtors
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Morgan County
APN
046B 002 A
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 10, 2025.
C-3
General Commercial District
To provide for a range of commercial uses that supply commodities or services for both the community and regional market; to collect and consolidate such uses primarily on arterial streets and at major intersections; to minimize strip development along streets and roadways; and to provide adequate locations buffered by lighter commercial areas for those commercial activities which are frequently incompatible in close proximity to residential areas due to services, operations or processes that are objectionable by reason of odor, dust, bright lights, smoke, noise, vibration, traffic volume and/or congestion and exterior activities, storage or displays.
Permitted uses
Include but are not limited to:
Laundromat
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Senior
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Office
Medical office
Property details
Parking
Parking Information
Has Open Parking
Parking Features: Parking Pad, Side/Rear Entrance
Interior
Heating & Cooling
Has Heating
Heating: Central
Has Cooling
Cooling: Central Air
Interior Features
Living Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Levels: One
Fireplaces Total: 0
Room Information
Basement: None
Multi-Unit Information
Number Of Units Total: 2
Exterior
Exterior Features
Construction Materials: Brick
Property Information
Property Condition: Resale
Property Type: Residential Income
Property Sub Type: Multi Family
Structure Type: Other
Deed Book: 469
Deed Page: 182
Gross Income: 36000
Land Information
Land Lot: 8
Lot Information
Lot Size Area: 3049.2
Lot Size Units: Square Feet
Lot Size Square Feet: 3049.2
Lot Size Acres: 0.07
Lot Size Source: Public Records
Plat Page: 12
Building Information
Year Built: 2005
Building Area Units: Square Feet
Financial
Tax Information
Parcel Number: 046B 045
Tax Annual Amount: 2883
Tax Year: 2025
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Billing Prorated, Water Billing Prorated
Location
HOA Information
No
Association Fee Includes: None
School Information
Elementary School: Morgan
Location Information
Unparsed Address: 2151 Eatonton Road # A, Madison GA 30650
Unit Number: A
City: Madison
County Or Parish: Morgan
State Or Province: GA
PostalCode: 30650
Country: US
District: 5
Subdivision Name: None
Coordinates: -83.473669,33.549024
Directions: Please use maps for best directions - Building A
Community Information
Community Features: Sidewalks, Street Lights
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Morgan County
APN: 046B 002 A
Home facts updated by county records on Sep 10, 2025
Other
Miscellaneous Information
Photos Count: 48
Listing Information
List Price: 485000
Search Price: 425000
Close Price: 425000
Listing Id: 10601854
Original List Price: 699000
Listing Date Information
On Market Date: 2025-09-04
Close Date: 2026-04-17
Listing Contract Date: 2025-08-20
Purchase Contract Date: 2026-01-29
Off Market Date: 2026-01-29
Around this home
Schools
Morgan County Primary School
Public PreK-2 • Assigned • 3.4mi
Morgan County Middle School
Public 6-8 • Assigned • 3.5mi
6/10
Morgan County Charter High School
Public 9-12 • Assigned • 3.7mi
8/10
Provided by GreatSchools
Historical weather
Madison, GA • 30650
Average low and high temperatures (°F)
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Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.