Mixed-Use Property With Two
For Sale
$450,000
200 Church Street, Fayetteville, GA 30214
Commercial Sale, Fayetteville, GA
Property Size3,375 SF
Lot Size0.30 Acres
Price / SF$133.33
Days on Market38
Property Features for 200 Church Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
8
Parking features
Parking Lot
Lot features
City Lot
Directions
Travel from Downtown Atlanta by taking I-75/I-85 South, then continue on I-85 South toward Montgomery. Take Exit 61 for GA-74 toward Fairburn/Peachtree City and turn left onto GA-74 South (Senoia Rd.). Continue approximately 9 miles into Fayetteville. Turn left onto GA-54 East (Lanier Ave.), then travel about 1/2 mile and turn left onto Church Street. Continue a short distance, and 200 Church St., Fayetteville, GA 30214, will be on your right.
Standard status
Active
APN
052301009
Size
3,375 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5525
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
custom IKEA storage systems
designer built-ins
custom closets
durable epoxy concrete flooring
two fully equipped kitchens
Building Details
Year built
1900
Flooring type
Concrete, Hardwood
Building materials
Brick, Wood Siding
Roof type
Composition
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Tracy Wiggins · License #342219
(615) 586-0399
Added: Jul 22
Changed: Aug 21
Last Checked: Aug 28 at 7:06PM
MLS# 10810861
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines 3,375 square feet of interior space with a 0.3-acre lot and a layout suited to live-work occupancy. The 1900 building features brick and wood siding, concrete and hardwood flooring, custom storage systems, built-ins, custom closets, and two fully equipped kitchens. Central heating and central air support year-round use, while a parking lot provides on-site parking.
Located at 200 Church Street in Fayetteville’s Historic Downtown, the property is near locally owned restaurants, coffee shops, boutiques, parks, community events, the Historic Downtown Square, and The Ville Amphitheater. Trilith Studios and Town at Trilith are also minutes away. Public water and public sewer serve the property, with cable available.
Located at 200 Church Street in Fayetteville’s Historic Downtown, the property is near locally owned restaurants, coffee shops, boutiques, parks, community events, the Historic Downtown Square, and The Ville Amphitheater. Trilith Studios and Town at Trilith are also minutes away. Public water and public sewer serve the property, with cable available.
Key Highlights
- 3,375 square feet on a 0.3‑acre lot
- Two fully equipped kitchens support the mixed‑use layout
- 1900 construction with brick and wood siding
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,006
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$820,120
$820.1K
Cap Rate 7%
$585,800
$585.8K
Cap Rate 9%
$455,622
$455.6K
Market Conditions
NOI Build-Up for 3,375 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.9K $21.60/SF
− Vacancy
−$7.3K −$2.16/SF
EGI
$65.6K $19.44/SF
− OpEx
−$24.6K −$7.29/SF
NOI
$41.0K $12.15/SF
Area
Fayette County, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$820,120
Cap Rate 7%
$585,800
Cap Rate 9%
$455,622
Alternative Uses
Best Use
Apartment 5plus
$647.7K
$566.8K – $755.7K
NOI $45,340 @ 7.0% cap · market cap 10.08%
Second Best
Office B
$645.6K
$564.9K – $753.3K
NOI $45,195 @ 7.0% cap · market cap 10.04%
Theoretical Best
Office A
$943.4K
$825.5K – $1.10M
NOI $66,041 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,629
Businesses Nearby
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick-and-wood building offers flexible live-work configuration with central HVAC, custom storage, and two equipped kitchens.
Where is this mixed-use property located?
The property is located at 200 Church Street Fayetteville, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,375 square feet on a 0.3‑acre lot; Two fully equipped kitchens support the mixed‑use layout; 1900 construction with brick and wood siding
