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    Versatile Retail and Office Space Title is generated by Realmo AI

    403 W Memorial Drive, Dallas, GA 30132

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    For Sale
    $260,000

    COMMERCIAL - Dallas, GA

    Property size:
    1,406 SF
    Lot size:
    0.38 Acres
    Price / SF:
    $184/SF
    Added:
    May 5, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 25 at 9:06 am

    Property Features for 403 W Memorial Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MXU
    Parking
    8
    Parking features
    Parking Lot
    Interior features
    Restrooms
    Standard status
    Active
    APN
    008612
    Size
    1,406 SF
    Lot size
    0.38 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1544

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Block

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    Contact an agent
    Cheves Goble

    Listing agent Cheves Goble

    Listing office Keller Williams Realty Signature Partners 3375 Dallas Highway Suite 100, Marietta, GA

    Listing date May 5, 2026

    MLS# 7766862

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

    HighLights

    • 1,400 sq. ft. commercial space with two large, open rooms plus a third smaller room for a private office
    • Includes a functional bathroom/restrooms in the interior layout
    • Block construction; built in 1983
    • Heating and cooling include a heat pump system and central air
    • Parking lot on site
    • Public water and public sewer available; newer HVAC system and roof noted

    Overview

    This 1,406-square-foot commercial building offers a flexible interior layout designed for retail, office, or service concepts. The space includes two large, open rooms that can accommodate a variety of floor plans, along with a third smaller room that can serve as a private office. A bathroom is also included, supporting everyday customer or staff use. The property further features significant updates, including a newer HVAC system and a newer roof, providing a practical foundation for an operator looking to open with less immediate work.

    The building is located west of downtown Dallas and is directly across from Dallas Markets, positioning it for visibility from the surrounding commercial activity. The property sits on a 0.38-acre lot, offering an established site for a storefront or professional use.

    With its open-room configuration, on-site office option, and bathroom, this space can support businesses that need both customer-facing areas and a dedicated private room. The updated HVAC and roof are also meaningful for tenants and buyers prioritizing operational readiness. For an owner-user or investor, the layout can be adapted for uses such as retail, a coffee shop, or a similar concept that benefits from clear separation between primary areas and a back-office component.

    Local Financial Insights For Specialty Retail

    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 $32.4k $23.04
    − Vacancy −$2.3k −$1.61
    EGI $30.1k $21.43
    − OpEx −$7.5k −$5.36
    NOI $22.6k $16.07
    1,406 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $322.8K
    $282.4K – $376.6K (±1% cap)
    NOI $22,595 @ 7.0% cap · market cap 8.69%
    Second Best
    Retail
    $282.5K
    $247.2K – $329.6K (±1% cap)
    NOI $19,776 @ 7.0% cap · market cap 7.61%
    Theoretical Best
    Office A
    $394.8K
    $345.5K – $460.6K (±1% cap)
    NOI $27,636 @ 7.0% cap · market cap 10.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Machine at Vape ... Atm Vape Escape (Bike/Boat/Book/etc) Store U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Paulding
    State
    Georgia
    Longitude
    -84.847006
    Latitude
    33.924055

    FAQs

    What type of property is this?
    Retail space - 1,406-sf interior with two large open rooms plus private office, supported by updated HVAC and roof.
    Where is this retail space located?
    The property is located at 403 W Memorial Drive Dallas, GA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 1,400 sq. ft. commercial space with two large, open rooms plus a third smaller room for a private office; Includes a functional bathroom/restrooms in the interior layout; Block construction; built in 1983
    More about this property
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