395 Russell Drive SW

For sale is a former daycare building on 395 Russell Drive. This is an excellent renovation opportunity in the heart of Smyrna to build out a duplex/triplex/quadruplex and own some land in the heart of Smyrna. The building was commercially built for daycare use but could be transformed into a multifamily unit. Included in the asking price is the adjacent parcel of land on Bridgebrook Lane, which is another .5 acres of land zoned residential. The building is 5,500 square feet with 3 large rooms on the main floor, an office, a hallway, and 6 half bathrooms (5 meant for toddlers). The basement has a large open room, a smaller library room, a storage room, a utility closet, and 3 half bathrooms. This is a renovation project for the seasoned investor and renovator. The building will need reconstruction on the inside for full bathrooms, bedrooms, and will need a new roof. Alternatively, the new owner could buy the property for land value and build new homes on it. The properties are zoned R15 and are on sewer. The 2024 tax appraised value for both parcels of land is ~$793,000. Reach out to Jacob Bower to learn more.