Investment Overview
4,408 SF freestanding retail building on a 0.854-acre hard corner at Memorial Drive and North Indian Creek Drive in Decatur. The property operates as Star Coin Laundry, an established, income-producing laundromat with 42,600 vehicles per day passing the front door.
The corner also invites a look at redevelopment. C-1 zoning, 114 feet of frontage on Memorial Drive, 145 feet on North Indian Creek Drive, and access from both roads are the physical ingredients a convenience store and fuel concept would need. A conceptual site plan has been prepared showing a 1,468 SF convenience store and gas station addition, pump islands under canopy on the north and south sides, and underground fuel storage tanks. The concept has not been submitted for approval. Buyers should verify feasibility independently.
Buy the cash flow or study the corner. Owner-operators get a running business on day one. Developers get a signalized hard corner on one of DeKalb County’s highest-volume commercial corridors.
Investment Highlights
- 4,408 SF freestanding retail on 0.854 acres
- Hard corner at Memorial Dr and N Indian Creek Dr
- 42,600 VPD on Memorial Dr, 7,840 VPD on N Indian Creek Dr
- 114 ft frontage on Memorial Dr, 145 ft on N Indian Creek Dr
- Operating laundromat with established income
- C-1 zoning, DeKalb County
- Conceptual gas station and convenience store site plan available, subject to zoning and permitting approval
- Two points of ingress and egress
- 40 surface parking spaces