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Freestanding General Business Building

287 W Pike Street Lawrenceville, GA 30046

Claim this Listing
For Sale
$400,000

SINGLE_FAMILY - Lawrenceville, GA

Type:Retail
Property size:
2,600 SF
Lot size:
0.26 Acres
Price / SF:
$153/SF
Added:
Feb 13, 2026
Days on Market:
147
Last Refresh:
Jul 10 at 1:06 pm

Property Features for 287 W Pike Street

General Information

Property type
Residential
Property subtype
Retail
Zoning
GB
Parking
10
Appliances
Electric Water Heater
Standard status
Active
APN
R5146E009
Size
2,600 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Description
x

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Gas (Cooling)
Water source
Public

Building Details

Year built
1980
Floors in Building
1
Building materials
Concrete
Roof type
Composition

Listing agent Jacob Blickenstaff License #384940

Listing office Virtual Properties Realty 2750 Premiere Pkwy, Duluth, GA

Listing date Feb 13, 2026

MLS# CL350851

Copyright © 2026 Hive MLS. 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 freestanding commercial building offers approximately 2,600 square feet of space and was built in 1980. The property includes an existing build-out, supporting immediate occupancy for an owner user or a new tenant configuration for a buyer. Zoning is GB - General Business, which allows for a range of commercial uses including retail and office. The site also provides approximately 10 parking spaces to support customer or employee access.

The building sits on about 0.26 acres along W. Pike Street in Lawrenceville, in Gwinnett County. With its freestanding design and on-site parking, the property is positioned for businesses looking for a centrally located commercial address within the area.

From a tenant or buyer perspective, the existing build-out and General Business zoning make this a practical fit for companies seeking a move-in ready commercial location that can support either retail or office operations. The combination of a dedicated building, established layout, and on-site parking can help reduce the time and work needed to begin operations.

Key Highlights

  • 2,600 SF freestanding commercial building on 0.26 acres along W. Pike Street in Lawrenceville
  • Zoned GB – General Business, supporting a range of commercial uses including retail and office
  • Built in 1980 with concrete construction and a composition roof

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $62.1k $23.87
− Vacancy −$15.6k −$6.02
EGI $46.4k $17.85
− OpEx −$11.6k −$4.46
NOI $34.8k $13.39
2,600 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$497.4K
$435.2K – $580.3K (±1% cap)
NOI $34,817 @ 7.0% cap · market cap 8.70%
Second Best
Retail
$431.5K
$377.6K – $503.4K (±1% cap)
NOI $30,205 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$726.8K
$636.0K – $847.9K (±1% cap)
NOI $50,876 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Wildlife Taxidermy Inc Taxidermist

Suggested Use

(Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service (Bike/Boat/Book/etc) Store Bed & Breakfast Fish Market Locksmith Clothing & Fashion Store

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

FAQs

What type of property is this?
Retail space - Freestanding GB building with existing build-out and parking for a flexible retail or office use in Lawrenceville.
Where is this retail space located?
The property is located at 287 W Pike Street Lawrenceville, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,600 SF freestanding commercial building on 0.26 acres along W. Pike Street in Lawrenceville; Zoned GB – General Business, supporting a range of commercial uses including retail and office; Built in 1980 with concrete construction and a composition roof
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