Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Lavonia Commercial Building Title is generated by Realmo AI

    1174 E Main Street, Lavonia, GA 30553

    View on Map
    Claim this Listing
    For Sale
    $199,000

    COMMERCIAL - Lavonia, GA

    Property size:
    900 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $221/SF
    Added:
    Sep 9, 2025
    Days on Market:
    250
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for 1174 E Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    APN
    L007 051 F
    Size
    900 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    869

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1898
    Building materials
    Brick, Glass, Stone

    We can help!

    Listing Contact
    Patrick M Cisco

    Listing agent Patrick M Cisco License #376088

    Listing office Norton Commercial Acreage Group 434 Green Street, GA

    Listing date Sep 9, 2025

    MLS# 10613138

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown location at the corner of E Main Street and Grogan Street offers high visibility and walkability.
    • Historic 1898 stone building, originally the town's bank, provides unique character and charm.
    • B‑1 (Central Business District) zoning allows for a wide range of commercial uses (retail, restaurant/cafe, office).
    • Versatile 900 square foot layout suitable for various business types.
    • Located steps from other downtown businesses, restaurants, and community amenities, benefiting from steady traffic.
    • Central heating and cooling.

    Overview

    This historic stone commercial building, constructed in 1898 as the town's original bank, is situated in downtown Lavonia, at the corner of E Main Street and Grogan Street. The 900 square foot building features a versatile layout suitable for retail, restaurant/cafe, or office use. Its B-1 (Central Business District) zoning allows for a range of commercial opportunities. The property is located steps from downtown businesses, restaurants, and community amenities, benefiting from pedestrian and vehicle traffic. The property is situated on a lot of 0.03 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sassa-Frass Hair Salon Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hometown Floral and Balloons — 961 Ross Pl, Lavonia, GA 30553
    • Donna's Daisies — 795 Grogan St, Lavonia, GA 30553

    Location Insight

    • Map
    • Local Demand
    City
    Lavonia
    County
    Franklin
    State
    Georgia
    Longitude
    -83.1056
    Latitude
    34.435828

    Nearby Similar for Sale

    • $1,215,000
      8,244 SF

      Versatile Commercial Space, Lavonia, GA

      Fully renovated commercial building with B2 zoning and endless potential.
      11909 Augusta Road, Lavonia, GA 30553
      View Details
    • $335,000
      3,948 SF

      Lavonia Commercial Property with Shop

      Versatile commercial property with equipped shop in Lavonia, Georgia.
      110 Maurice Way, Lavonia, GA 30553
      View Details
    • $599,000
      6,000 SF

      Versatile Freestanding Building in Lavonia

      6,000 sq ft building suitable for retail or office.
      12679 Augusta Road, Lavonia, GA 30553
      View Details
    • $480,000

      Lavonia Multi-Family Investment Opportunity

      Five homes and two lots, generating $4850 monthly income.
      Brittany Harbor E, Lavonia, GA 30553
      View Details
    • $599,000

      Lavonia Commercial Property with Storage

      Commercial property in Lavonia, GA, featuring drive-in doors and storage.
      171 Jeffery Street, Lavonia, GA 30553
      View Details
    • $4,300,000
      65,000 SF

      Lavonia Industrial Space For Sale

      65,000 SF industrial property on 4.64 acres in Lavonia, GA.
      205 Silo Ln, Lavonia, GA 30553
      View Details
    • $599,000
      7,680 SF

      Lavonia Warehouse with Secure Storage

      7,680 SF warehouse with secure outside storage near I-85.
      171 Jeffery St, Lavonia, GA
      View Details
    • $1,500,000
      2,544 SF

      Renovated Farmhouse on 37 Acres

      Renovated farmhouse with barns and large outbuilding on 37+ acres.
      104 Powers Rd, Lavonia, GA 30553
      View Details
    • $599,000
      7,680 SF

      Freestanding Single Tenant Industrial Building

      Single tenant industrial building for sale in Lavonia, Georgia.
      171 Jeffery St, Lavonia, GA 30553
      View Details

    FAQs

    What type of property is this?
    Storefront property - Charming 900 SF historic building in downtown Lavonia.
    Where is this storefront property located?
    The property is located at 1174 E Main Street Lavonia, GA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Prime downtown location at the corner of E Main Street and Grogan Street offers **high visibility and walkability**.; Historic 1898 stone building, originally the town's bank, provides **unique character and charm**.; B‑1 (Central Business District) zoning allows for a wide range of commercial uses (retail, restaurant/cafe, office).
    (404) 772-8608
    We can help!
    Listing Contact
    Patrick M Cisco
    Real Estate License ID: 376088
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1174 E Main Street, Lavonia, GA 30553
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!