5030 E Lake Parkway, McDonough, GA

$324,900

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3

Beds

2

Baths

1,672

Square feet

2.09

Acres

About 5030 E Lake Parkway

Prime Location with Commercial Potential in McDonough, GA! This 3-bedroom, 2-bath home sits on a generous 2.09 acre lot along a high-traffic road, offering exceptional visibility and future growth potential. Currently zoned residential, this property is ideal for an investor, small business owner, or developer looking to transform a modern-style fixer-upper into a thriving commercial space. Located just steps from a newly developed gas station with retail space and surrounded by rapid area growth, the possibilities are endless.Two additional connected lots are available, one is a 1.12 acre lot for $280,000 and the other is 1.71 acres for $200,000. Buy all three lots for a combined 4.76 acres! Don't miss this unique opportunity to secure a property with outstanding location, exposure, and upside potential in one of McDonough's most desirable corridors. Directly across the street from a new townhome development and close to several new single family home subdivision. This property has amazing potential for a savvy investor!

Features of 5030 E Lake Parkway

MLS® # 10636187
Price $324,900
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,672
Acres 2.09
Year Built 1992
Type Residential
Sub-Type Single Family Residence
Style Other
Status Active

Community Information

Address 5030 E Lake Parkway
Subdivision none
City McDonough
County Henry
State GA
Zip Code 30253

Amenities

Utilities Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
Parking Basement, Garage, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features Beamed Ceilings, Separate Shower, Soaking Tub
Appliances Dishwasher, Electric Water Heater
Heating Central
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Fireplaces Living Room
Stories Multi/Split

Exterior

Lot Description None
Roof Composition
Construction Wood Siding

School Information

Elementary Hickory Flat
Middle Union Grove
High Union Grove

Additional Information

Days on Market 306
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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