JeffCroweCRE
Commercial

2988 Rainbow

Decatur, GA 30034

Location

2988 Rainbow, Decatur GA 30034

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List Price$425,000
TypeRetail
Building3,022 SF
Lot0.46 Ac
Building

Improved commercial

3,022 SF building

Retail · Commercial · C1 · $141 / SF · 0.46 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7848959
Listing Provided By Market South Properties, Inc. · 770-898-4899
Description

Property Description

2988 Rainbow Drive, Decatur, GA 30034, is a single-story commercial building located in the Panthersville area. The property is approximately 3,022 square feet and sits on roughly 0.46-0.50 acres, with about 20 parking spaces and approximately 106 feet of frontage along Rainbow Drive. Built in 1974, the building is described as a flexible retail/storefront space with an open interior, office or reception area, bathroom, and drive-through access. The property is zoned for commercial use and has been associated with a dry-cleaning/retail business.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1974
Zoning
C1
Price / SF
$141
Price / acre
$923,913
Days on market
11
Road frontage
110 ft
Taxes
$9,893
Tax year
2025

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Sewer

  • Other

Commercial Analysis

Key metrics and property characteristics

List Price$425,000
Building Size3,022 SF
Price / SF$141
Lot Size0.46 Acres
Price / Acre$923,913
ZoningC1
Property SubtypeRetail
Year Built1974

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2988 Rainbow

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.