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$849,900 Just Listed

  • For Sale
  • Active
  • Business
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Fully operational and 100% occupied, this 13-bedroom adult living facility presents a rare, turnkey investment opportunity. The property is fully compliant with all zoning regulations, licenses, and permits, ensuring immediate and seamless ownership transition. Extensively remodeled from top to bottom, the facility features generously sized resident rooms, a spacious recreation area, and a recently upgraded commercial-grade kitchen designed for efficiency and scale. Additional improvements include a fire sprinkler system, ADA-compliant bathrooms, and a dedicated on-site manager's office, all contributing to a safe, functional, and professionally managed environment. The property is secured with full fencing and gated access, offering ample on-site parking and thoughtfully maintained green space for residents. A key highlight is the presence of a strong, established tenant who maintains full occupancy, currently with a waiting list. The tenant is operating under a favorable long-term lease that includes approximately 10% annual rent escalations-outpacing inflation and steadily enhancing the property's capitalization rate year over year. Offered fully furnished and requiring minimal operational oversight, this asset delivers stable cash flow with low expenses, making it an exceptional opportunity for both long-term hold investors and those seeking immediate, reliable income. Please contact our office today for a private tour!

Full Property Details for 340 Lockheed Ave SE

General

  • Price: $849,900
  • Taxes: $6,761 (2025)
  • Status: Active
  • Type: Business
  • Source: FMLS_Atlanta
  • MLS ID: 7760177
  • Updated: 4/29/2026
  • Added to Site: 6 day(s) ago

Business

  • Business Type: Medical, Professional Service, Residential
  • Includes: Building & Land, Equipment

Interior

  • Interior Features: Living Space Available, Reception Area, Restrooms
  • Flooring: Ceramic Tile

Additional Information

  • Security/Safety: Fire Alarm, Fire Sprinkler System, Security Gate, Security Lights
  • Equipment: Furniture

Parking

  • Total Spaces: 11
  • Parking Features: Parking Lot

Location

  • County: Cobb
  • Driving Directions: From Marietta Square, East on South Marietta Parkway to left on Lockheed Ave. Building on left

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Exterior Const.: Frame
  • Basement Desc.: None
  • Roof: Asphalt
  • Windows: Insulated Windows
  • Loading: None
  • Stories/Levels: One
  • Square Feet: 3,744
  • Year Built: 1970
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Neighborhood, Trees/Woods
  • Lot Size (Acres): 0.63
  • Lot Size Source: Other
  • Lot Dimensions: 147 x 179
  • Frontage: City Street
  • Frontage Feet: 178
  • Street/Road Desc.: Asphalt
  • Lot Features: Level, Rectangular Lot
  • Zoning: 0&I
  • Rcmdd Zoning: Multi Family, Office/Institutional
  • Fencing (Description): Fenced, Gate, Perimeter, Privacy

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $6,761
  • Tax Year: 2025
  • Terms: Cash, Conventional
  • Owner Pays: Repairs

Disclosures and Reports

  • Property ID: 17050400870
  • Lot Number: 5

Listed by Zellerman

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Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Apr 30 2026 10:42AM

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Listing agent

— 340 Lockheed Ave SE —

  • Zellerman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 340 Lockheed Ave SE

School District:Marietta City School District
NameGradesDistance
Marietta 6th Grade School
340 Aviation Road Southeast, Marietta, GA 30060
6-0.3 mi
Park Street Elementary School
105 Park Street Southeast, Marietta, GA 30060
K-50.7 mi
Marietta Middle School
121 Winn Street Northwest, Marietta, GA 30064
7-82.3 mi
Marietta High School
1171 Whitlock Avenue Southwest, Marietta, GA 30064
9-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 340 Lockheed Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$849,900
107.29%
MLS
10/17/2022
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 340 Lockheed Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,838
33%
$217,252
-36%
2023
$1,387
—
$340,880
108%
2023
$1,387
122%
$164,000
28%
2021
$626
61%
$128,076
-20%
2022
$388
-38%
$160,424
80%
2019
$621
—
$89,340
—
2018
$621
70%
$89,340
42%
2017
$365
13%
$62,780
11%
2016
$322
-8%
$56,444
—
2015
$349
—
$56,444
2%
2014
$349
22%
$55,152
20%
2013
$286
—
$46,004
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Zellerman

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Apr 30 2026 10:42AM

340 Lockheed Avenue SE, Marietta, GA 30060 (MLS# 7760177) is a Business property. 340 Lockheed Avenue SE is currently listed for $849,900 and was received on April 24, 2026. Want to learn more about 340 Lockheed Avenue SE? Do you have questions about finding other Business real estate for sale in Marietta? You can browse all Marietta real estate or contact a Coldwell Banker agent to request more information.

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