434 & 432 High Street SW Gainesville, GA 30501
434 & 432 High Street SW, Gainesville, GA, 30501
$3,950,000
For Sale
$3,950,000
COMMERCIAL - Gainesville, GA
Property Size18,679 SF
Lot Size1.07 Acres
Price / SF$211.47
Days on Market123
Property Features for 434 & 432 High Street SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 01017 001004
- Size
- 18,679 SF
- Lot size
- 1.07 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 1112
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Building materials
- Brick, Concrete
Listing Agency
Norton Commercial Acreage Group
(770) 297-4800
434 Green Street, GA
Listed by
Stephen Lovett · License #320687
(770) 297-4807
Added: Mar 16 Checked: Jul 16 at 8:06 pm
MLS# 10742548
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.
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 | $392.3k | $21.00 |
| − Vacancy | −$29.4k | −$1.58 |
| EGI | $362.8k | $19.43 |
| − OpEx | −$90.7k | −$4.86 |
| NOI | $272.1k | $14.57 |
18,679 SF · lease $21.00/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.89M
$3.40M – $4.54M
NOI $272,130 @ 7.0% cap · market cap 6.89%
Second Best
Industrial
$1.60M
$1.40M – $1.86M
NOI $111,869 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$5.23M
$4.58M – $6.10M
NOI $366,175 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Peterson Engineering Services
Engineer
Vendetti’s Pizza Pasta ...
Restaurant
NoFo Brew Co
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- THE INKED PIG — 893 Main St SW, Gainesville, GA 30501
- Brenau Catering — 500 Washington St SE, Gainesville, GA 30501
FAQs
Where is this restaurant located?
The property is located at 434 & 432 High Street SW Gainesville, GA.
What is the asking price?
The asking price for this property is $3,950,000.
